Tag - mizuho

 
 

MIZUHO

Mizuho Bank is said to have appointed Devendra Sharma as co-head of corporate banking in India with the aim of strengthening its presence in the country.
BUSINESS / Companies
Aug 5, 2025
Mizuho said to hire Mashreqbank’s corporate banking head in India
Mizuho Bank is betting big in India, with a focus on corporate and investment banking, as well as retail loans.
Japan's three megabank groups have estimated that the tariffs imposed by the administration of U.S. President Donald Trump could cut their fiscal 2025 profits by around ¥80 billion ($544 billion) to ¥110 billion.
BUSINESS / Companies
Aug 5, 2025
Japan's five largest banking groups post 2.7% profit gains for April-June
The increase is partly due to growth in profits from the banking groups' lending operations reflecting the Bank of Japan's interest rate hikes.
Mizuho Financial Group now expects net income to reach a record ¥1.02 trillion ($6.9 billion) in the year ending March 31, up from ¥940 billion projected earlier, it said Thursday.
BUSINESS / Companies
Jul 31, 2025
Mizuho and Sumitomo see strong results as Japan banks beat estimates
Japan’s three biggest banks in May predicted another year of record profits, even as the nation’s export-driven economy was at risk from U.S. tariff threats.
Mizuho Investor Relations President Eiichi Yamazaki speaks during an interview on July 14 in Tokyo's Chiyoda Ward.
BUSINESS / Companies
Jul 22, 2025
Mizuho to enhance client support amid rise of activist investors
President Eiichi Yamazaki said that Mizuho Investor Relations will leverage its extensive data on institutional investors' voting guidelines and past behavior.
Mizuho expects AI technology will help the company increase revenue and cut costs, resulting in positive effects totaling ¥300 billion by fiscal 2030.
BUSINESS / Tech
Jul 18, 2025
Mizuho partners with SoftBank on AI to boost efficiency
Mizuho will be the first in the financial sector to introduce artificial intelligence that is being developed jointly by SoftBank and OpenAI.
Mizuho CEO Masahiro Kihara is interviewed in London on Monday.
BUSINESS / Companies
Jul 15, 2025
Mizuho CEO confident of meeting ¥1 trillion profit target
Japan’s third-largest lender forecast in May that net income will likely climb 6.1% to ¥940 billion in the fiscal year started in April.
The Japanese Bankers Association said Thursday that it has revised its sample agreement to explicitly prohibit the storage of cash in safe-deposit boxes.
BUSINESS / Companies
Jun 20, 2025
Japanese banks set to ban storage of cash in safe-deposit boxes
In recent months, incidents came to light in which workers at major lenders allegedly stole client valuables held in such boxes.
Eight banks have entered into an agreement with the National Police Agency to share information on suspicious accounts as part of efforts to combat special fraud schemes.
JAPAN / Crime & Legal
Jun 18, 2025
Major banks team up with police to combat special fraud
Under a new agreement, the banks will send information on suspicious accounts directly to the police instead of channeling it through the Financial Services Agency.
Japan’s three megabanks are discussing jointly operating ATMs.
BUSINESS / Companies
Jun 4, 2025
Japan’s top banks consider teaming up on ATMs to cut costs
The banks are seeing whether costs can be reduced for tasks needed to run ATMs such as monitoring, security and cash transportation.
SoftBank Group’s investments in AI will be financed through a loan in which Mizuho Bank, Sumitomo Mitsui Banking and JPMorgan Chase serve as lead underwriters, highlighting the Japanese tech investor's ability to secure funding for its outsize ambitions.
BUSINESS / Companies
May 21, 2025
SoftBank taps Mizuho, SMBC and JPMorgan to lead $15 billion loan
The move is a sign of the Japanese tech investor’s ability to secure financing for its outsize ambitions.
Mizuho Financial Group forecast on Thursday that its net income will likely climb 6.1% to ¥940 billion ($6.5 billion) in the year that started in April.
BUSINESS / Companies
May 15, 2025
Mizuho anticipates record earnings in fiscal 2025 despite tariff dent
Japan's third-largest lender indicated that uncertainty in global trade has led to a more conservative outlook as U.S. tariff measures make business planning less predictable.
A branch of SMBC Nikko Securities, a unit of Sumitomo Mitsui Financial Group, in Tokyo
BUSINESS
May 12, 2025
Japan’s megabanks to remain buoyed by BOJ’s long game to hike rates
The central bank stood pat earlier this month after a cycle of rate hikes since March 2024 and halving its economic growth outlook to 0.5% for this fiscal year.
A former employee of Mizuho Bank's Hiroo branch in Tokyo stole money from the safe deposit boxes of two clients between January 2016 and June 2019, according to the bank.
JAPAN / Crime & Legal
Feb 27, 2025
Mizuho Bank confirms ¥66 million stolen from safe deposit boxes
A former employee stole the money from two clients' safe deposit boxes between January 2016 and June 2019.
MUFG virtually reached its full-year profit goal with a quarter to spare, earning a record ¥1.749 trillion in the first nine months.
BUSINESS / Companies
Feb 4, 2025
MUFG profit soars in bumper earnings season for Japan banks
Japanese banks are benefiting from rising interest rates following more than a decade of ultra-easy monetary policy.
Mizuho's CEO Masahiro Kihara said on Wednesday that domestic corporate banking, asset and wealth management, as well as global and corporate and investment banking, would all contribute to growth.
BUSINESS / Companies
Jan 23, 2025
Mizuho head sees profit reaching ¥1 trillion in three to four years
Mizuho previously projected record annual net income of ¥820 billion for the current fiscal year, meaning the increase would require an uplift of more than 20%.
Mizuho Bank is the first to have stopped accepting new safe deposit box customers among the country's three megabanks.
BUSINESS / Companies
Jan 19, 2025
Mizuho stops accepting new safe deposit box applications
The major Japanese bank took the step at all outlets around the country.
According to Resona Bank, a glitch occurred Saturday night, making it difficult for retail customers to connect to its online banking service.
BUSINESS / Companies
Dec 31, 2024
Mizuho Bank and Resona Bank may have been hit by cyberattack
Both banks may have been hit by a distributed denial of service, in which perpetrators overload traffic by sending enormous amounts of data.
Masahiro Kihara, the CEO of Mizuho, Japan’s third-largest lender, is expecting U.S. President-elect Donald Trump to make regulations more business friendly.
BUSINESS / Companies
Dec 24, 2024
Mizuho CEO sees global boom in M&A after Trump takes office
Masahiro Kihara, the CEO of Mizuho, Japan’s third-largest lender, is expecting U.S. President-elect Trump to make regulations more business friendly.
Mitsubishi UFJ, Mizuho and Sumitomo Mitsui are enjoying record earnings and they are determined to fund overseas expansion.
BUSINESS / Companies
Dec 10, 2024
Japan's megabanks are flush with cash and hunting overseas deals
The primary focus is on the U.S. and India, respectively the world’s largest economy and the fastest-growing.
The Adani Group headquarters in Ahmedabad, India
BUSINESS / Companies
Nov 29, 2024
Japanese banks stick with Adani as Jefferies and Barclays review ties
Gautam Adani and others have been charged with plotting a $250 million scheme to bribe India government officials to win solar energy contracts.

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A mushroom cloud from the atomic bombing on Hiroshima taken from a U.S. military aircraft on Aug. 6, 1945. Copying the photo without permission is prohibited.
80 years on, a Japanese American hibakusha recalls the day the bomb dropped