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Mizuho Financial Group said on Friday its net profit dropped 24.6% in the first quarter of its financial year as credit-related costs rose amid the coronavirus pandemic. For the current financial yea
At the same time, Moody's has withdrawn the outlook on the long-term issuer and backed senior unsecured ratings of MHSC for its own business reasons. Please refer to the Moody's Investors Service's P
Mizuho Americas today announced the hiring of Ronald Taylor as Managing Director, Head of Diversity and Inclusion. Taylor will be based in New York, reporting to Jim Minogue, Chief Human Resources Of
NEW YORK, July 02, 2020 -- Mizuho Financial Group, Inc. announces that it filed an annual report on Form 20-F with the U.S. Securities and Exchange Commission on July 2, 2020..
Moody's Japan K.K. has assigned (P)A1/(P)P-1 ratings to the USD4 billion medium-term note (MTN) program of Mizuho Securities Co., Ltd. (MHSC). MHSC's A1 issuer rating is three notches higher than its
(Bloomberg) -- Mizuho Financial Group Inc. investors rejected a shareholder climate resolution at a annual general meeting Thursday that had placed Japan’s third-largest bank in the spotlight for it
Shareholders in Mizuho Financial Group Inc on Thursday rejected a motion for it to align its business to the Paris Agreement, the global pact to fight climate change and its effects. The annual gener
More investors are publicly backing a resolution to curb coal project lending that shareholders of Mizuho Financial Group are expected to consider this week, the first time such a step is to figure at
Japan, the biggest taker of cheap dollar funding from the U.S. Federal Reserve during the coronavirus pandemic, is weaning itself off that supply as it shies away from emergency swaps and returns to n
NEW YORK, June 16, 2020 -- Mizuho Americas today announced the hiring of Michael Dick as Managing Director and Consumer US Cash Trader. Dick, known for his consumer specialist.
At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (Recession is Imminent: We Need A Travel Ban NOW).

Japan banks/Mizuho: risk spree

12:59pm, Thursday, 11'th Jun 2020
Japan’s banks are in a bind. Desperate efforts to plump up compressed profit margins have pushed some, like Mizuho, to turn to riskier loans. The country’s third-largest bank wants to expand agg
(Bloomberg) -- Mizuho Financial Group Inc. is ready to deploy “several billion dollars” in riskier funding to companies that need more capital to cope with the fallout from the coronavirus outbrea
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