Nomura denies report of probe into its India fixed-income business
Mădălin Mihai
Japanese investment bank Nomura Holdings on Monday denied a Bloomberg News report that it was investigating its India fixed-income unit over profit inflation in recent years. Bloomberg News reported earlier in the day, citing people familiar with the matter, that the company was asking senior officials in its rates division to determine whether profits were inflated in recent years. "We categorically deny that there is any investigation by compliance into issues described in this article. Nor
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