Mizuho Financial Group
Mizuho Financial Group is a financial holding company headquartered in Japan. As of 2021, it is the 8th largest bank in Asia by assets, with over US$2.11t total assets, according to a report by S&P Market Intelligence.
Mizuho teams up with asset managers to expand investment products
Mizuho teams up with asset managers to expand investment products
They will develop and distribute new products as well as personal exchanges.
6 days ago
Japanese banks avoid $550b US investment hook for now
The JBIC would likely do the initial heavy lifting.
Mizuho pivots to automated reporting to meet Japan’s new IFRS 9 standards
It will use FIS’ balance sheet manager solution to assess credit losses.
PayPay prices Nasdaq IPO at $16 to raise $880m
It's over 54.98 million shares on offer are priced at $16 per share.
Mizuho FG’s CET1 ratio climbs to 13.76% as capital base grows
The megabank earlier announced that it has achieved 90% of its profit target.
Mizuho hits 90% of profit target in 9 months as net income tops $6.4b
Its expanded share buyback shows confidence in its capital base.
Indian banking returns hit decade-high as global margins shrink
CareEdge report confirms banking metrics are the strongest in years with multi-year low debt ratios.
Mizuho expands further into India with planned Avendus acquisition
Avendus will become a subsidiary of Mizuho Securities.
Japanese megabanks see profit rise, but capital remains a weakness
Overseas expansion is another risk, as it could raise credit costs, warned Fitch.
Mizuho Financial Group’s profit up 21.8% to $4.46b in H1 FY2025
Its comprehensive income rose 42.8% although ordinary income was 5.4% lower.
Mizuho Bank names new global transaction banking head
Hidekatsu Take will remain head of global corporate & investment banking.
State Street completes transfer of Mizuho’s $850b custody business
Mizuho will collaborate with State Street for global custody and related services.
Japan’s megabanks may increase foreign bond purchases to meet income goals
Upcoming US Fed rate cuts may raise bond prices, increasing urgency to buy.
Mizuho’s profits up 1.2% to $1.93b in Q1 FY2025
MFG has revised its full-year earnings outlook upward.
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.
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