Japan’s Nomura books 27% jump in fourth-quarter profit

TOKYO (Reuters) -Japan’s top investment bank and brokerage Nomura Holdings posted a 27% rise in fourth-quarter net profit as revenues grew in its investment management and wealth management businesses.

Nomura reported profit of 72 billion yen ($501.15 million) for the January-March period, versus 56.8 billion yen over the same period a year prior.

($1 = 143.6700 yen)

(Reporting by Anton Bridge; Editing by Himani Sarkar)