Tag - mizuho

 
 

MIZUHO

Japan Times
SOCCER
Apr 14, 2018
Nadeshiko Japan books spot in 2019 Women's World Cup
Nadeshiko Japan booked its ticket to the 2019 Women's World Cup with a 1-1 draw against Australia in the Asian Cup on Friday.
Japan Times
BUSINESS / Companies
Mar 24, 2018
Mega-banks to slash new hires in spring 2019 as ultralow interest rates take toll
Japan's three mega-banking groups plan to hire fewer new graduates in April 2019, it was learned Saturday.
BUSINESS / Companies
Jan 15, 2018
Mizuho hires GIB Capital banker for Saudi Arabia expansion
Mizuho Financial Group Inc. hired GIB Capital LLC banker Khalid Al Ghamdi to head its Saudi Arabia business as the bank seeks to expand in the kingdom.
Japan Times
BUSINESS / Companies
Jan 15, 2018
Mizuho CEO Yasuhiro Sato to be succeeded by securities chief Tatsufumi Sakai
Mizuho Financial Group Inc. said Monday that President and CEO Yasuhiro Sato will be succeeded by Tatsufumi Sakai, head of the group's securities unit, effective April 1.
Japan Times
BUSINESS / Companies
Nov 13, 2017
Mizuho to shed 19,000 jobs — about a quarter of workforce — over next decade as profits dwindle
As Mizuho Financial Group Inc.'s announced falling profits the Japanese bank offered a bleak assessment of its long-term outlook, confirming it will eliminate thousands of jobs to cut costs.
Japan Times
BUSINESS / Companies
Nov 10, 2017
Japan's biggest banks prepare for massive downsizing and cost overhauls
Years of shrinking interest rates, demographic challenges and threats from rapidly advancing technology are finally coming to a head at Japan's biggest banks as they prepare to eliminate thousands of positions and downsize branches.
Japan Times
BUSINESS / Companies
Oct 29, 2017
Japan's biggest bank plans to slash branches 20 percent and trim payroll
The Bank of Tokyo-Mitsubishi UFJ, Japan's largest bank, is considering shrinking its domestic branch network by up to 20 percent to boost profitability.
Japan Times
BUSINESS / Companies
Oct 28, 2017
Mizuho mulls cutting 19,000 employees worldwide in 10-year cull
Mizuho Financial Group Inc. is considering cutting about 19,000 employees in Japan and abroad over a 10-year period, accounting for one-third of its entire labor force, a source familiar with the matter said Saturday.
Japan Times
BUSINESS / Companies
Sep 25, 2017
Mizuho is reportedly readying AI platform for trading before EU's MiFID overhaul
Mizuho Financial Group Inc. will start artificial-intelligence trading to bolster its Japanese equity business, according to people with knowledge of the plan.
Japan Times
BUSINESS / Companies
Jul 26, 2017
Airbnb and Mizuho-backed venture team up to offer unique Japan stays
Airbnb Inc. is looking to deliver experiences in Japan that travelers can't get anywhere else, by offering the opportunity to stay in temples, train stations and other unusual settings.
Japan Times
BUSINESS
Jun 30, 2017
Japan's mega-banks vie for top role as backers of clean energy
Mitsubishi UFJ Financial Group Inc. and Mizuho Financial Group Inc. are in a neck-and-neck race to be the biggest lead arrangers of lending to the renewable energy industry in the first half of the year, highlighting the more active financing role for Japanese banks in clean energy.
BUSINESS
May 16, 2017
2016 profits off for four big Japan banks amid low rates and Toshiba woes
Four of Japan's five major banking groups posted lower profits for the year through March 31, due largely to the worsening business performance of major borrower Toshiba Corp. and extremely low interest rates, according to earnings reports.
BUSINESS
Apr 19, 2017
Mizuho becomes second Japanese bank to make foray into Islamic finance with ICD credit deal
Mizuho Bank has become the second Japanese commercial bank to sign a "murabaha" credit facility agreement with Islamic Corporation for the Development of the Private Sector, an arm of the multinational Islamic Development Bank group.
BUSINESS
Mar 7, 2017
Mizuho plans fund to build dorms for foreign students in Japan
Mizuho Bank Ltd. said Tuesday it plans to launch a ¥10 billion fund with a real estate developer and a trading company to build dormitories for international students studying in Japan.
BUSINESS / Companies
Jan 18, 2017
Mizuho, Sumitomo Mitsui Trust eye merging asset management banking arms
Mizuho Financial Group Inc. and Sumitomo Mitsui Trust Holdings Inc. are discussing integrating their asset management banking businesses, sources said Wednesday.
Japan Times
BUSINESS / Companies
Oct 20, 2016
Mizuho seeks to challenge Nomura as nation's biggest equity firm
Mizuho Financial Group Inc., the mega-bank that added dozens of stock analysts and salesmen in the past year, is seeking to loosen Nomura Holdings Inc.'s stranglehold on the nation's potentially lucrative yet elusive retail brokerage business.
Japan Times
BUSINESS / Companies
Aug 2, 2016
Clouds lifting for Japan's banks as negative rates stay put
The Bank of Japan's decision not to drag interest rates further below zero provides relief for the nation's banks after shrinking lending profits crimped first-quarter earnings.
BUSINESS / Companies
Jul 29, 2016
Mizuho profit slides 16% on negative interest rate
Mizuho Financial Group, the nation's second-largest lender, said first-quarter profit dropped 16 percent, as Japan's negative interest rate hit income from loans and investments and failed to stoke broader borrowing.
JAPAN / Politics
Jul 14, 2016
SDP leader Yoshida to resign over Upper House election defeat
Social Democratic Party leader Tadatomo Yoshida said Thursday he will step down as head of the small opposition party to take the blame for its poor showing in Sunday's Upper House election.
Japan Times
BUSINESS / Companies
Jul 7, 2016
Mizuho to spur small-business advisory income by adding 200 more bankers
Mizuho Financial Group Inc. is increasing its pool of bankers who advise small Japanese businesses on matters ranging from investing to going public as part of a push to spur fee income at the nation's third-biggest banking group.

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