Mizuho Financial aims to bolster corporate banking ops in Europe, Asia - report
Mizuho Financial (MFG) is expanding its corporate and institutional banking operations in Europe and Asia, diverging from Japanese peers focused on Asia's middle class. CEO Masahiro Kihara aims to leverage U.S. expansion experience for cross-border transactions. Unlike rivals, Mizuho will not pursue ownership of overseas asset management firms but may consider minority stakes. The bank's stock rose 2.3% in U.S. premarket trading.
Source: businessinsider The copyright of this article belongs to the original author/organization.
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