Nomura continues to profit from Lehman
The bank continued to benefit from the acquisition of the European fixed-income business of Lehman Brothers with average daily flow, rates and credit trades quintupling at its Europe, Middle East and Africa (EMEA) fixed-income business.
Nomura's global fixed-income business in Q2, 2010 was worth ¥76.6 billion, representing a rise from a loss of ¥15.3 billion in Q2 2009, and a loss of ¥119.9 billion in 2008. However, the figure was down 27.4% from a value of ¥105.4 billion in Q1.
"After one year
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