Japan
Mizuho designates US intermediate holding company
It is required under the US Federal Reserve Board’s Regulation YY.
Mizuho designates US intermediate holding company
It is required under the US Federal Reserve Board’s Regulation YY.
Mizuho Bank acquires all shares in pension subsidiary
DPCS operates a call center and online services offering defined contribution pension plans.
Mizuho Financial Group’s total capital ratio is 15.97 as of end-Dec 2023
Both Mizuho Bank and Mizuho Trust & Banking reported higher total capital ratios.
Maybank Singapore merchant terminals now accept JCB cards
JCB cards have over 156 million cardmembers worldwide.
Mizuho invests $145m into Credit Saison India
CS India has 1.2 million active loans and assets under management of $1.2b.
Norinchukin Bank agrees to invest in food and agri startup fund
The bank will also support growth of food and agri startup companies.
Mizuho Financial Group plans to inject $5.7m to trust banking arm
This is so that MTBC can acquire over 600,000 shares of Mizuho.
Mizuho names new president and CEO for trust banking arm
Kenichi Sasada was head of the asset management division and real estate unit.
Mizuho Financial Group’s net income up 18.2% to $4.3b in 9M FY2023
Its gross profits and credit costs rose.
SMFG profits up 3.5% to $5.3b
An earnings per share of approximately $4 has been announced for the period.
Mizuho names crisis chief for specialty assigned matters
The position change is effective on 29 January.
MUFG aims to double asset management exposure to JPY200t by 2029
The bank has outlined growth plans to grow its AM business.
Mizuho aims to join “trillion dollar club” in asset management: report
The bank is reportedly in talks with overseas asset managers for deals.
MUFJ to buy Aussie pension company Link Group
The Japanese banking giant is acquiring 100% of issued shares of Link Group.
Mizuho introduces new medium-term targets for financed emmissions
The new targets are in the automotive and maritime transport sectors.
Norinchukin Bank outlook negative amidst rising unrealized losses: Moody’s
The losses should reverse in 2024 as interest rates begin to decline, the ratings agency said.
JCB enables Korean payments for Smart Code merchants
This is expected to help the millions of yearly Korean visitors going to Japan.
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