Mizuho Bank increases risky credit in competitive market

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's third-largest bank by market value will offer companies more subordinated loans and other types of mezzanine finance, said Koji Fujiwara, CEO ...

Business Jun 17, 2019

'New' loan sharks increasing on social media, Japan panel says

The rise of illegal financing by unregistered lenders through social media, including Twitter, was a point of discussion at a Financial Services Agency panel meeting Monday. The FSA plans to respond to this new breed of loan sharks, in cooperation with the National Police Agency ...