Japan's Nomura to bolster private investment business
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TOKYO (Reuters) - Nomura Holdings Inc said on Tuesday it will beef up its private investment business, including expanding its advice to start-ups, as it seeks to diversify revenue sources in the wake of the coronavirus pandemic.Chief Executive Kentaro Okuda also forecast 110 billion yen (820 million pounds) of pretax income in the retail business for the year ended March 2023, which would be more than double the 49.4 billion yen the bank reported in the year ended March.Nomura, Japan's biggest..