NEW YORK (Kyodo) Mizuho Financial Group Inc., Japan’s No. 2 banking group, debuted Wednesday on the New York Stock Exchange, becoming the second Japanese bank to be listed there.
Mizuho’s NYSE debut, which followed the 1989 listing of Mitsubishi Bank, the predecessor of Mitsubishi UFJ Financial Group Inc., marks the group’s full-fledged return to the international financial community after being long forced to focus on bad-loan disposals.
Mizuho intends to secure the transparency of corporate governance and boost investor trust and convenience through the NYSE listing, the banking group said.
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