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 / Corporate 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. The financial watchdog first ordered the bank in September to improve operations, saying it did not take "substantial steps" to prevent or break ...

Mizuho has more loans to the mob

Business Nov 13, 2013

Mizuho has more loans to the mob

by Tomoko Otake

Mizuho Bank has outstanding loans to yakuza and other antisocial elements apart from car loans extended through its affiliate credit company, Orient Corp., President Ya­su­hi­ro Sa­to 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.