Daiwa Securities Group Inc. posts results
For more details, please contact:
Caroline Klein, Communication & Marketing Manager
Daiwa Capital Markets Europe Limited
5 King William Street, London, EC4N 7AX
+44 (0)20 7597 8101
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29 January 2010
Daiwa Securities Group Inc., the parent company of Daiwa Capital Markets, today reported results for the third quarter, posting Y26.36 billion ($293 million) of net income for the three months ending December 31 2009, compared with a loss of Y53 billion yen a year earlier. This is the company’s biggest quarterly profit in two years and the third consecutive quarter of net profit. Solid performance from trading and investment banking operations contributed to the result. Full details of the Group's results are available here with the wholesale results of Daiwa Capital Markets available here.
Note to editors:
Daiwa Capital Markets Europe Limited is a wholly owned subsidiary of Daiwa Securities Capital Markets Co Ltd, the investment banking arm of Daiwa Securities Group.
Daiwa Capital Markets Europe Limited offers a wide range of services from its main business areas:
• Equity
• Fixed Income
• Derivatives
• Debt & Equity Capital Markets
Corporate Finance and M&A advisory services are provided in Europe by our subsidiary, Close Brothers Corporate Finance