Tag - mizuho-bank

 
 

MIZUHO BANK

Japan Times
BUSINESS
Oct 16, 2019
Mizuho Bank increases risky credit in competitive market
Mizuho Financial Group Inc. is extending riskier types of corporate credit to fend off competition in a country that's awash with easy money.
Japan Times
BUSINESS / Markets
Jun 24, 2019
Guardians of money bristle at Mark Zuckerberg's new financial order
Facebook Inc. was hours away from the formal announcement of its ambitious foray into financial services, but French Finance Minister Bruno Le Maire was already broadcasting his discontent.
Japan Times
BUSINESS / Companies
Nov 27, 2018
Line and China's Tencent link up to push cashless payments in Japan
Line, Japanu2019s messaging app giant with 78 million users, is stepping up its bid to become a major cashless payment platform by targeting Chinese tourists.
Japan Times
JAPAN / Media / Japan Pulse
Jul 21, 2018
Plight of 'Mizuho refugees' stirs debate on banking services in Japan
Imagine wrapping up a tough work week and jumping into a three-day weekend. Maybe you just plan on lounging around at home with the air conditioner on at full blast. Or perhaps you’ll hit the road and head out of the city to get a welcome break from urban life. At some point you’ll probably need to withdraw some cash for the weekend, so you venture down to your nearest ATM … and find out the whole system is down until the following Tuesday.
BUSINESS
Mar 7, 2017
Mizuho plans fund to build dorms for foreign students in Japan
Mizuho Bank Ltd. said Tuesday it plans to launch a ¥10 billion fund with a real estate developer and a trading company to build dormitories for international students studying in Japan.
JAPAN / Crime & Legal
Jan 13, 2015
Mizuho Bank ex-employee arrested for illegally withdrawing ¥12 million in elderly depositor's cash
A former Mizuho Bank employee was arrested Monday for allegedly drawing at least ¥12 million illegally from a customer's deposits and spending lavishly on bars and night clubs, police said.
JAPAN / Crime & Legal
Sep 22, 2014
Banker nabbed looking up girl's skirt with mirror in store
A banker was arrested Sunday for allegedly looking up the skirt of a female high school student at a bookstore in Yokkaichi, Mie Prefecture, police said.
Japan Times
BUSINESS / Companies
Dec 25, 2013
Mizuho Bank to face one-month suspension of some affiliated loans
The Financial Services Agency will order Mizuho Bank to suspend some of its affiliated loans for a month over its involvement in lending to members of organized crime groups, FSA sources said Wednesday.
BUSINESS / Companies
Dec 20, 2013
FSA plans more action against Mizuho
The Financial Services Agency will soon take additional punitive action against Mizuho Bank doing business with organized crime, FSA sources said Friday.
BUSINESS / JAPANESE PERSPECTIVES
Dec 7, 2013
Who is responsible for a corporate scandal?
Recent scandals involving Japanese businesses have included bank loans to the underworld and misrepresentations of restaurant menus at leading hotels, and many of the media reports have focused on how management takes responsibility for the mess. I would like to highlight three points that need to be taken into account when discussing such issues:
Japan Times
BUSINESS
Nov 13, 2013
Mizuho has more loans to the mob
Mizuho Bank has outstanding loans to yakuza and other antisocial elements apart from car loans extended through its affiliate credit company, Orient Corp., President Yau00adsuu00adhiu00adro Sau00adto tells the Diet.
EDITORIALS
Oct 30, 2013
Mizuho's grave governance problem
A third-party panel of lawyers has effectively labeled Mizuho Bank's inaction on its loans to underworld customers as a failure of governance and the result of major system problems since 2011.
BUSINESS / Companies / ANALYSIS
Oct 29, 2013
Shady loans have long history; laws slow to catch up
Mizuho Banku2019s loans to yakuza and other shady individuals through its group credit company Orient Corp. may be just the tip of the iceberg as corporate Japan struggles to break off its long-held ties with organized crime.
BUSINESS / Companies
Oct 25, 2013
Mizuho president to lose half-year pay over shady loans
Mizuho Bank President Yasuhiro Sato will be docked six months of salary over the bank's lending to people related to organized crime groups, company officials said Friday.
EDITORIALS
Oct 15, 2013
Get to the bottom of shady loans
The inability of Japan's third-largest bank to break the habit of approving car loans for yakuza reflects poor corporate governance and besmirches the reputation of the financial industry.
BUSINESS / Companies
Oct 12, 2013
Mizuho Bank faces more FSA penalties over yakuza loans
The Financial Services Agency will weigh additional penalties against Mizuho Bank after it explains later this month its failure to reveal executives' involvement in loans to underworld groups, officials of the watchdog said.
BUSINESS / Companies
Oct 9, 2013
Mizuho told to submit further report on loans to yakuza
The Financial Services Agency issues a fresh order to Mizuho Bank and its parent, Mizuho Financial Group Inc., to report on the bank's lending to the mob, after Mizuho's previous account of the matter turned out to be incorrect.
BUSINESS / Companies
Oct 5, 2013
Mizuho set to punish president, chairman over loans to mobsters
Mizuho Bank is expected to take punitive steps against its president and chairman for mishandling a scandal over loans extended to underworld groups.
Japan Times
BUSINESS / Companies
Jun 28, 2013
Mizuho Bank inaccessible this weekend
Bank account holders of Mizuho Bank Ltd. may wish to withdraw some cash for the weekend before the firm's online services, including ATMs, are halted right after midnight Friday.

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A statue of "Dragon Ball" character Goku stands outside the offices of Bandai Namco in Tokyo. The figure is now as recognizable as such characters as Mickey Mouse and Spider-Man.
Akira Toriyama's gift to the world