Mitsubishi UFJ Financial Group Inc. and Mizuho Financial Group Inc. are in a neck-and-neck race to be the biggest lead arrangers of lending to the renewable energy industry in the first half of the year, highlighting the more active financing role for Japanese banks ...
Mizuho Financial Group Inc. and Sumitomo Mitsui Trust Holdings Inc. are discussing integrating their asset management banking businesses, sources said Wednesday. The integration across their traditional keiretsu groupings is aimed at boosting the scale of the business to curb costs and implement streamlining at a ...
The Bank of Japan's decision not to drag interest rates further below zero provides relief for the nation's banks after shrinking lending profits crimped first-quarter earnings. Combined net income at Mitsubishi UFJ Financial Group Inc. and its two mega-bank peers fell 28 percent from a ...
Mizuho Financial Group, the nation's second-largest lender, said first-quarter profit dropped 16 percent, as Japan's negative interest rate hit income from loans and investments and failed to stoke broader borrowing. Mizuho said Friday that April-June net profit fell to ¥132.6 billion ($1.28 billion) from ¥158 ...
Mizuho Financial Group Inc. is increasing its pool of bankers who advise small Japanese businesses on matters ranging from investing to going public as part of a push to spur fee income at the nation's third-biggest banking group. Tokyo-based Mizuho seeks to boost the number ...
Mizuho Financial Group Inc. is counting on fee businesses to make up for lower returns from lending and bond investments in the wake of the Bank of Japan's decision to adopt a negative interest-rate policy. "Noninterest income will grow significantly as we move into new ...
The labor union of Mizuho Financial Group Inc. decided Wednesday not to request a pay-scale hike at this year's wage talks, given that the banking group has taken a battering from the central bank's negative interest policy, sources said. The union plans to gain members' ...
Mizuho Financial Group Inc. is doing away with the kind of opaque leadership selection process that's common in the nation, vowing to ensure its next chief executive is chosen openly and fairly. The successor to CEO Yasuhiro Sato will be determined by a group of ...
Mizuho Financial Group Inc., which vaulted to the top spot among Japan's merger advisers this year by working with Japan Post Holdings Co. and Itochu Corp., plans to build on that position by hiring bankers in the United States and Asia. As well as recruiting ...
Mizuho Financial Group Inc. will join two U.S. banks in partly financing a $66 billion acquisition in the U.S. pharmaceutical industry, its president said recently, describing the move as the banking group's leap into the deal business. Mizuho, Japan's second-largest lender by assets, will extend ...
Mizuho Financial Group Inc. plans to encourage equity research analysts to become investment bankers as the megabank competes for business arranging share sales and advising on mergers. Mizuho Securities Co. will offer its analysts the opportunity to switch jobs so the company can tap ...
Mizuho Financial Group Inc. said Tuesday that former economic and fiscal policy minister Hiroko Ota will become chairwoman of the board of directors in June to enhance its corporate governance, following its core banking unit's involvement in loans to gangsters. Ota, a 60-year-old professor at ...
