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UPDATE 1-Nomura publishes the second quarterly loss in a row when writing off the wholesale segment



* Third quarter net loss of 95.3 billion yen against a profit of 88 billion yen a year earlier

* Books Y81 billion Impairment

* Retail business also suffers a drop in profits (adds details of results)

Taiga Uranaka

TOKYO, January 31 (Reuters) – Nomura Holdings, the largest brokerage and investment bank in Japan, posted on Thursday a second quarterly loss in a row that suffered from significant write-offs in its wholesale segment.

Nomura said in a statement that its net loss for October-December was 95.3 billion yen ($ 876.64 million), which is lower than the profit of 88 billion yen a year earlier, compared with the average of two analysts' earnings compiled by Reuters. at 30.9 billion yen.

The company said that over the reporting period, the impairment allowance was 81 billion yen. He said that the deterioration is due to Instinet and Lehman Brothers.

His retail business also suffered from a sharp drop in profits, as individual investors were aloof from market turmoil.

In December, global stock markets fell, laden with growing fears about the state of the global economy amid growing trade disputes between the United States and China.

The Japanese benchmark Nikkei suffered its first annual loss in seven years in 2018, after reaching nearly three decades in October. (1 dollar = 108.7100 yen) (Report by Taiga Uranaki; edited by Muralikumara Anantharaman)

Our standards:Thomson Reuters Trust Principles.

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