Mizuho Q2 profit jumps 62%, outlook raised as rate hikes boost margins
Mizuho Financial Group reported a 62% jump in second-quarter net profit on Thursday on strong lending demand and higher ...
Mizuho to acquire 15% stake in Rakuten Card
Mizuho Financial Group has agreed to acquire a 14.99% stake in Rakuten Card, a subsidiary of Rakuten Group, for approximately ...
Channel NewsAsia Singapore1h
Mizuho lifts annual guidance after bumper Q2 as rate hikes boost margins
TOKYO: Mizuho Financial Group reported a 62 per cent jump in second-quarter net profit and lifted its annual guidance on ...
Morningstar3h
Mizuho Has More of a Focus on Large Corporate Borrowers Than Some Other Japanese Banks
Compared with its Japanese mega-bank peers, expecations for Mizuho remain at a relatively low level, in our view, giving room for upside surprise as long as the group continues to perform reasonably ...
Business Insider16h
Mizuho Financial H1 Profit Climbs, Lifts FY24 Guidance; Resolves Up To 100 Bln Yen Buyback
(RTTNews) - Mizuho Financial Group, Inc. (MZHOF.OB, MFG), a Japanese bank holding company, reported Thursday that its first-half profit attributable to owners of the parent climbed 36.1 percent to 566 ...
Yahoo Finance13h
Japan's megabanks see record annual profit after bumper Q2 as rate hikes boost margins
Japan's central bank raised its policy rate to 0.25% in July after ending negative interest rates in March, pushing Mizuho's loan and deposit rate margin for its domestic lending business up for the ...
Lin-gang Exhibition Area Becomes Innovation Highlight of 7th CIIE
The Lin-gang Exhibition Area has become the highlight of the Seventh China International Import Expo thanks to its fruitful achievements in globalization and the numerous cases of new quality ...
Japan’s Biggest Banks Raise Profit Forecasts, Unveil Buybacks
(Bloomberg) -- Two of Japan’s biggest banks raised their annual profit forecasts to fresh records and unveiled plans to buy back shares after first-half results were boosted by lending income and ...
Japan's MUFG lifts profit forecasts after Q2 net income nearly doubles
Mitsubishi UFJ Financial Group , Japan's top lender by assets, on Thursday raised its annual net profit forecast to a record ...
Morningstar20h
Mitsubishi UFJ Financial Group Is Japan's Largest Banking Group
It has some degree of market power owing to its position as the largest bank in Japan, with an 8.0% share of loans and 11.6% of deposits as of March 2024, roughly 30% larger than its domestic rivals ...
Yahoo20h
Siemens flags political risks ahead after profit falls in fourth quarter
A sign with the logo of Siemens company is on display outside its office in Moscow ZURICH (Reuters) - Siemens reported a drop ...
Rakuten to issue co-branded card with Mizuho
Rakuten Card Co., Ltd. and Mizuho Bank, Ltd. today announced the launch of the Mizuho Rakuten Card, a new co-branded credit card that will start taking applications and issuing new cards on December 3 ...