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.
Mizuho’s profits up 1.2% to $1.93b in Q1 FY2025
Mizuho’s profits up 1.2% to $1.93b in Q1 FY2025
MFG has revised its full-year earnings outlook upward.
Automation stalls hiring at Singapore’s top banks
Lenders are also upskilling to keep up with tech.
Mizuho to acquire majority of Upsider’s shares for $309.8m
Upsider provides corporate credit card and invoice payment services.
Mizuho to acquire 100% shares of energy advisory firm August & Co
The August & Co brand will be maintained.
Japan’s megabanks brace for lower earnings growth on US uncertainties
They only expect a 7.9% net income growth, lower than the 25.3% previously.
Mizuho Bank began streaming prices on SGX FX
The bank aims to offer enhanced service and unprecedented access to real-time market data.
Chinese megabanks cement nation’s economic prowess
Banks in China dominated S&P Global Market Intelligence’s top 50 lenders in the region.
Mizuho has given out JPY40.3t in sustainable finance loans in 5 years
The bank expects to have reduced its Scope 1 and 2 emissions by 64%.
Mizuho to make additional $4.74m cash contribution into Trust company
It plans to acquire a maximum of 197,000 shares.
Mizuho teams up with Mercer to offer outsourced CIO services in Japan
Mizuho’s Asset Management One will provide the services.
Mizuho Financial Group’s profits rise to record high JPY885.4b in FY2024
Annual dividend is JPY140 per share.
Credit Saison India secures $150m funding from Japan’s Mizuho Bank
Mizuho Bank had earlier made an equity investment for a 15% stake in the company.
Mizuho joins initiative to promote sustainable aviation fuel adoption in APAC
It is the only Japanese company amongst founding members.
Mizuho signs MOU with Abu Dhabi Investment Office
Mizuho plans to support clients interested in expanding into the UAE.
Mizuho buys tech-based carbon dioxide removal credits
It has joined a joint carbon credit facility to promote and disseminate such technologies.
Mizuho Bank, GenZero ink MOU for transition credit-use
They aim to develop capital raising mechanisms that use the credits.
Mizuho’s profits tripled in 9M FY2024
Consolidated gross profits rose 288.9% thanks to the rate hike and NII growth.
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