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Mizuho Financial Group Inc (8411.T)

8411.T on Tokyo Stock Exchange

206JPY
24 Jan 2017
Change (% chg)

¥-5 (-2.51%)
Prev Close
¥211
Open
¥209
Day's High
¥210
Day's Low
¥206
Volume
174,651,600
Avg. Vol
190,147,714
52-wk High
¥225
52-wk Low
¥142

Latest Key Developments (Source: Significant Developments)

Mizuho Financial Group, Sumitomo Mitsui Trust enter talks to combine custody services operations - Nikkei
Tuesday, 17 Jan 2017 12:20pm EST 

Sumitomo Mitsui Trust Holdings Inc <8309.T> : Mizuho Financial Group and Sumitomo Mitsui Trust Holdings have entered talks to combine their custody services operations - Nikkei . Mizuho Financial Group and Sumitomo Mitsui Trust Holdings will also consider broader partnerships outside the custody business- Nikkei .Mizuho Financial Group and Sumitomo Mitsui Trust Holdings plan to combine related overseas operations as well - Nikkei.  Full Article

R&I affirms Mizuho Financial Group Inc's rating at "A+" and announces stable outlook -R&I
Friday, 4 Nov 2016 02:17am EDT 

Mizuho Financial Group Inc <8411.T> : Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A+" -R&I .Rating outlook stable -R&I.  Full Article

Japan's Sharp: Taiwan's Foxconn completes 388.8 bln yen stake purchase
Friday, 12 Aug 2016 04:12am EDT 

: Sharp says purchase brings foxconn stake in sharp to 66.07 percent . Sharp says mizuho, mufj have agreed to fresh commitment line totalling 300 billion yen . Japan's sharp says foxconn completes purchase of stake . Japan's sharp says ceo takahashi has resigned . Japan's sharp: ~new ceo tai to be appointed saturday . Japan's sharp says foxconn's share purchase totals 388.8 billion yen (Reporting By Makiko Yamazaki and Tim Kelly) ((william.mallard@thomsonreuters.com;)).  Full Article

Mizuho Financial Group looking to partner with Softbank Group in new personal loan business -Nikkei
Thursday, 11 Aug 2016 01:44pm EDT 

Nikkei: Mizuho Financial Group looking to partner with Softbank Group in new personal loan business that leverages big data in screening process - Nikkei .Mizuho Financial Group Inc and Softbank Group intend to launch a joint venture this fiscal year - Nikkei.  Full Article

Mizuho Bank hikes long-term prime lending rate - Nikkei<8411.T>
Tuesday, 9 Aug 2016 03:48pm EDT 

Mizuho Financial Group Inc <8411.T>: Mizuho bank is raising long-term prime lending rate for the first time in 18 months in response to sharp gains in Japanese government bond yields - Nikkei . Mizuho Financial said on Tuesday that prime rate will go up five basis points for an annual interest rate of 0.95% - Nikkei .  Full Article

Mitsubishi UFJ Financial group's net profit fell just short of 190 bln yen for Apr-June qtr- Nikkei<8306.T><8316.T><8411.T>
Tuesday, 26 Jul 2016 05:43pm EDT 

Nikkei: Mitsubishi UFJ Financial Group's net profit fell just short of 190 billion yen for April-June quarter - Nikkei . Sumitomo Mitsui Financial Group earned net profit between 180 billion yen and 190 billion yen for April-June quarter - Nikkei . Mizuho Financial Group's net profit apparently tumbled 20% or so, coming to between 120 billion yen and 130 billion yen for April-June quarter - Nikkei .  Full Article

Mizuho Financial Group, Mitsubishi UFJ Financial reshuffling operations in Europe - Nikkei
Friday, 22 Jul 2016 04:37pm EDT 

: Mizuho Financial Group and Mitsubishi UFJ Financial Group are reshuffling operations in Europe - Nikkei . Mizuho Financial Group, Mitsubishi UFJ Financial Group are reshuffling to hedge against possible fallout involving Britain's vote to leave EU - Nikkei . Mizuho will augment functions at its Dutch arm and give unit new moniker that reflects wider European perspective, possibly by end of 2016 - Nikkei . Mitsubishi UFJ Financial Group plans to reorganize more eurozone locations under MUFG Bank (Europe) - Nikkei Source - http://s.nikkei.com/29Zj4JB (Bengaluru Newsroom; +1 646 223 8780).  Full Article

Mizuho Financial Group to issue unsecured permanent bonds worth 460 bln yen in total
Thursday, 14 Jul 2016 11:21pm EDT 

Mizuho Financial Group Inc <8411.T>: Says it to issue its second series and third series unsecured permanent bonds (with debt relief authorized and subordinated) worth 230 billion yen respectively . Says interests will be paid on each June 15 and Dec. 15 .Says subscription date on July 15 and payment date on July 22.  Full Article

IBM says announced test of potential of blockchain for use in settlements with virtual currency
Thursday, 23 Jun 2016 07:30am EDT 

International Business Machines Corp : Announced thursday a test of potential of blockchain for use in settlements with virtual currency .Mizuho is working with newly-opened ibm bluemix garage in tokyo.  Full Article

Mizuho Financial Group Inc - Mizuho to face U.S. lawsuit over Mt Gox bitcoin losses -ruling - Reuters News
Tuesday, 15 Mar 2016 12:50pm EDT 

Mizuho Financial Group Inc:A U.S. lawsuit accusing Japan's Mizuho Bank of concealing problems at the now-bankrupt Tokyo-based Mt Gox bitcoin exchange can move forward, a federal judge in Chicago has ruled. - RTRS.U.S. District Judge Gary Feinerman rejected on Monday the bank's argument that the case belongs in Japan, finding that the hardship to the bank from trying the case in the United States would be no more than that "routinely tolerated by courts." Mizuho provided banking services for the exchange and handled all deposits for U.S. customers.It is part of Mizuho Financial Group Inc 8411.T, one of Japan's largest banks by assets.The proposed class action on behalf of the exchange's U.S. customers was filed in February 2014, the same month Mt Gox filed for bankruptcyafter losing an estimated half a billion dollars worth of customers' bitcoin digital currency.Once the world's largest exchange for bitcoins, Mt Gox blamed hackers for stealing the vanished currency.Customers agreed to settle their claims against Mt Gox in April 2014, reaching a deal with outside investors and creditors to receive a share of recovered assets.The lawsuit claimsMizuho inflated customers' losses by limiting withdrawals from their Mt Gox accounts in mid-2013, following reports of a U.S. government investigation into the exchange.At the same time, Mizuho continued to accept deposits from Mt Gox users, the lawsuit said.  Full Article

BRIEF-Mizuho Financial Group, Sumitomo Mitsui Trust enter talks to combine custody services operations - Nikkei

* Mizuho Financial Group and Sumitomo Mitsui Trust Holdings have entered talks to combine their custody services operations - Nikkei