Mizuho offers denials as heads roll over mob loans
Mizuho Bank announces it will punish 54 present and former executives for lending money to organized crime groups but denies it colluded with yakuza.
Three life and five nonlife insurers regularly extend loans via nonbank lenders without screening the borrowers themselves, sources said. The five nonlife insurers left the screening to the consumer lenders, while the three life insurers failed to screen most of the borrowers after the nonbank ...
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. Mizuho, one of the nation's biggest banks, may face criminal prosecution if ...
Consumer finance regroups: Promise to be good?
Dinged with lawsuits and government scrutiny, the consumer loan business is having to play it a bit cautious.
