Tag - mizuho

 
 

MIZUHO

Four major Japanese banks have announced they will raise their 10-year fixed housing loan rates for the third consecutive month in October.
BUSINESS
Sep 30, 2023
Four major Japanese banks to raise housing loan rates in October
The hikes come as Japanese government bond yields rise after the Bank of Japan effectively raised its 10-year JGB yield cap to 1% from 0.5% in July.
Mizuho Financial Group has been expanding its presence in the United States to tap the world’s biggest fee pool, becoming one of the four global investment banks leading Arm's IPO.
BUSINESS / Companies
Sep 8, 2023
Mizuho's SoftBank ties boost Wall Street ambitions via Arm IPO
The bank has been expanding its presence in the U.S. to tap the world’s biggest fee pool, even as deals slump globally following the pandemic.
Kenya Koshimizu, senior executive at Mizuho Financial Group, speaks during an interview in Tokyo on Monday.
BUSINESS / Economy
Aug 22, 2023
Mizuho deferring JGB purchases as BOJ mulls policy exit: official
Banks face a looming inflection point as Japan's economy approaches policy normalization after years of little growth, weak spending and massive easing.
Both Mizuho Bank and Mizuho Securities USA are currently before the courts regarding discrimination lawsuits from former employees.
BUSINESS
Aug 9, 2023
Ex-Mizuho VP sues bank alleging bias against non-Japanese staff
According to the suit, much of the discrimination surfaced in response to a request for extended paternity leave.
Signage for Sumitomo Mitsui Banking (right) and Mizuho Bank (center) in Tokyo. Two of Japan's mega-banks reported solid quarterly profit on Monday.
BUSINESS
Jul 31, 2023
Japan’s biggest banks beat estimates, adding to BOJ tailwind
Sumitomo Mitsui Financial Group said net income for the quarter ending June 30 was ¥248 billion, while Mizuho Financial Group’s was ¥245.2 billion.
Mizuho Financial Group has become the third Japanese megabank to sell Additional Tier 1 bonds after the collapse of Credit Suisse set off a global fire sale.
BUSINESS / Markets
Jul 20, 2023
Mizuho sells ¥261 billion of AT1 bonds after Credit Suisse turmoil
The lender joined Mitsubishi UFJ Financial Group and Sumitomo Mitsui Financial Group in issuing AT1 bonds this year, while the market in Europe is only just reopening.
Japan Times
BUSINESS / Companies
Jul 4, 2023
Mizuho on U.S. hiring spree with top 10 underwriting goal in sight
The Japanese bank’s U.S. unit plans to recruit more than 100 people for its investment banking and trading business by the end of March next year.
Japan Times
BUSINESS / Companies
Jun 27, 2023
Mizuho rolls out generative AI to all 45,000 bank staff in Japan
Already, managers and rank-and-file employees are submitting dozens of pitches for ways to harness the technology even before the software is installed.
Japan Times
BUSINESS / Companies
Jun 22, 2023
Markets warm to Toyota after EV and battery development plans ease fears
Nomura Securities and Mizuho Securities are among firms that have have raised their price targets for the Japanese auto giant since it revealed details of a new push into electrification.
Japan Times
BUSINESS
Jun 19, 2023
Japan's financial regulator sounds out top banks about China risks
The Financial Services Agency has asked whether they have plans in place if Sino-Western tensions escalate.
Japan Times
BUSINESS / Companies
May 30, 2023
Wall Street deals show unfulfilled ambition of Japan’s megabanks
Japanese lenders have so far made slow progress cracking the U.S. market.
Japan Times
BUSINESS / Companies
May 23, 2023
Mizuho to buy investment bank Greenhill in $550 million takeover
The Japanese banking giant agreed to buy Greenhill for $15 a share in an all-cash transaction.
Japan Times
BUSINESS / Companies
May 15, 2023
Japan's top banks expect solid profits, MUFG sees record year
Sumitomo Mitsui Financial Group and Mizuho Financial Group, Japan's second- and third-largest lenders by assets, also expect their highest net profits since the mid 2010s.
Japan Times
BUSINESS / Economy
Apr 25, 2023
Bankers chase startups in Japan as funding dries up elsewhere
Lenders including Sumitomo Mitsui Banking and Mizuho Bank are planning to increase the staff they allocate to startup businesses.
Japan Times
BUSINESS / Companies
Apr 13, 2023
Mizuho warned over setting low IPO prices in blow to issuers
The warning suggests the government is getting more serious about removing what it sees as obstacles to its plan to turbocharge Japan’s startup ecosystem.
Japan Times
BUSINESS / Companies
Apr 10, 2023
Japan's three mega-banks to face votes on climate change
Climate groups are targeting mega-banks Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group and Mizuho Financial Group over financing linked to fossil fuels.
Japan Times
BUSINESS
Jan 5, 2023
BOJ's policy tweak hasn't led to lending windfall, Mizuho head says
Comments from the president and CEO of Mizuho Financial Group highlight the challenges Japanese banks still face.
Japan Times
BUSINESS / Companies
Dec 16, 2022
Japanese banks agree to back Toshiba’s preferred bidder, sources say
The four major banks are finalizing the details and could issue commitment letters as soon as the end of this month, the sources said.
Japan Times
BUSINESS / Companies
Nov 15, 2022
Japan’s megabanks plan $2.5 billion buybacks
Mitsubishi UFJ Financial Group and Sumitomo Mitsui Financial Group both said they will buy back shares while Mizuho Financial Group upped a dividend forecast.
Japan Times
BUSINESS / Companies
Oct 24, 2022
Japan’s banks break with Wall Street by embracing hybrid work
The nation's three largest lenders said they are allowing more flexibility, eschewing a minimum number of office days per week, as experienced elsewhere.

Longform

Members of the nonprofit group Japan Youth Memorial Association search for the remains of dead soldiers in a cave in Okinawa Prefecture in February.
The long search for Japan’s lost soldiers