Mizuho Bank
Mizuho Bank is the retail and corporate banking unit of Mizuho Financial Group. It is one of the three largest banks in Japan, called "megabanks," and has total assets of approximately $1.8t in 2017.
In 2018, Mizuho was named as one of the "systemically important financial institutions" in the world by policy research and development entity Financial Stability Board.
Japanese banks see loans and deposits rise in November
Japanese banks see loans and deposits rise in November
Foreign banks saw their total yen-denominated loans jump 25.2% YoY.
Mizuho Bank absorbs subsidiary to streamline operations
This aims to enhance the bank's call centres and online services.
Mizuho Bank, Rakuten launch co-branded card
Customers can earn up to 3% Rakuten Points when shopping.
Mizuho, Rakuten form alliance; will launch new cards, installment payments
The six companies aim to create new retail business models for the payments industry.
Mizuho expands mid-term finance emission targets
The targets are aimed to be met by FY2030.
Mizuho buys stake in fusion power tech firm Zap Energy
Mizuho said that this is part of its bid for carbon neutrality.
Mizuho purchases non-voting minority stake in Golub Capital
Mizuho’s stake represents less than 5% in Golub Capital’s management companies.
Mizuho Bank, partners launch support service for J-Credit creation
Mizuho, IHI, and Fujitsu aim to create a one-stop digital service.
Mizuho Bank invests $3.5m in metal parts and 3D printer startup
The metal parts produced are used in various sectors, like aerospace.
Banks must expand net zero targets, set clearer O&G goals: org
Japan, SoKor have yet to set medium and long-term targets aligned with a 1.5°C scenario.
Mizuho Bank’s Tier 1 Capital Ratio at 14.26% in June
This is 0.66 percentage points (ppt) higher than in March 2024.
Higher profits propel Mizuho’s net income to 44% rise in Q1
Credit-related costs fell 28.7% during the first three months of FY2024.
Mizuho appoints Yuta Hayashi as new group executive officer
Hayashi is also now the managing executive officer of Mizuho Bank.
Mizuho floats plan to establish securities company in China
The Japanese megabank said that authorities have officially received their application.
Basel III to improve Japanese major financial groups’ profits
However, risk-weighted assets for the four FIs are expected to rise.
Mizuho reports 60% emissions cut, allocates $195b for sustainable finance
The bank now employs 1,650 sustainability management experts.
Mizuho and Lombard Odier ink sustainability alliance agreement
Lombard Odier will act as a strategic advisor and consulting partner to Mizuho.