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U.S. Financial Crisis a Boon For Japanese Banks

Daniel M. Harrison submits: For global investors, there may be a glint of hope in recent events: the crisis in the U.S. financial sector may serve as a long-awaited boon for Japan’s “megabanks”. For many years, banks such as Mizuho Financial (MFG), Mitsubishi UFJ (MTG) and Sumitomo Mitsui Financial (SMFJY.PK) have been stuck in a stagnant domestic growth cycle that has limited the extent to which...

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UPDATE 1-Mizuho to boost business ties with BOA,Merrill -Jiji

TOKYO, Sept 19 (Reuters) - Mizuho Financial Group , Japan's second-largest bank, will strengthen its ties with Bank of America Corp and Merrill Lynch & Co , Japan's Jiji news agency reported on Friday.

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Mizuho Financial To Cancel 2.4% Of Own Shares Sept 26

Mizuho Financial To Cancel 2.4% Of Own Shares Sept 26TOKYO (Dow Jones)--Mizuho Financial Group Inc. (8411) said Friday that it will cancel 276,500, or 2.4%, of its own shares effective Sept. 26.

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Asia Markets: Financials stocks rally on hopes of a fix to crisis

Asian markets rallied Friday as financial stocks such as Mizuho Financial Group and Macquarie Group soared in response to the U.S. government’s concerted efforts to find a permanent solution to the financial crisis.

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Financial stocks jump to lead Asian rally

HONG KONG (MarketWatch) -- Asian markets advanced early Friday as financials like Mizuho Financial Group and Macquarie Group got a boost from news the U.S. government was considering a permanent solution to the financial crisis. In Tokyo, the Nikkei 225 Average jumped 2.4% to 11,760.68 and the Topix index climbed 2.7% to 1,126.81. South Korea's Kospi soared 3.4% to 1,439.59 and Australia's S&P/ASX...

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Asia Markets 9/16/2008 Most Indexes Down 5%

Stocks in Asia sold off sharply. The Nikkei fell 5% to 11,610. Mizuho Financial Group was down almost 10%. Canon and Toyota (TM) both sold off. The Hang Seng... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

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Asia Markets: Financials in rally mode, as Lehman news helps

Asian markets advanced early Friday, with financials such as Mizuho Financial Group and Macquarie Group rallying after a rebound on Wall Street and on news Lehman Brothers was looking for a buyer.

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Financials lift Asian stocks in early trading

HONG KONG (MarketWatch) -- Asian markets advanced early Friday, with financials such as Mizuho Financial Group rallying after a rebound on Wall Street and on news Lehman Brothers was looking for a buyer. The Nikkei 225 Average climbed 0.9% to 12,212.22 and the broader Topix index advanced 0.9% to 1,172.80. South Korea's Kospi jumped 2.5% to 1,479.07 and Australia's S&P/ASX 200 rose 1.4% to 4,880.70,...

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Asian stocks fall on worries about Lehman

Shares of financial firms like Macquarie Group, the largest investment bank in Australia, and Mizuho Financial Group sank after Lehman stock plunged 45 percent overnight on fears it would not be able to raise the funds it needs to survive.

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Asia Markets: Energy stocks, financials hammered

HONG KONG (MarketWatch) -- Asian markets extended losses Wednesday, with energy-related stocks such as BHP Billiton and Mitsubishi Corp. taking a tumble as crude-oil prices continued their slide. Financials such as Mizuho Financial Group also lost ground on concerns about Lehman Brothers Holdings' ability to raise capital.

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Asia Markets 9/8/2008 (HBC)

Most markets in Asia rose. The Nikkei was up 3.4% to 12,625. Shares in Mitsubishi UFJ Financial and Mizuho Financial Group rose on US actions to save Fannie... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

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Mizuho Securities USA, Inc. : Mizuho Securities USA Announces New Chief Economist, Steven Ricchiuto

NEW YORK, NY (MARKET WIRE) Mizuho Securities USA, the U.S. broker-dealer subsidiary of the global Mizuho Financial Group, has announced that Steven Ricchiuto has joined its New York headquarters as Managing Director and Chief Economist, effective September 2, 2008. He will report directly to John Koudounis, Executive Managing Director & Head of Fixed Income. Mr. Ricchiuto's responsibilities include...

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Asia mostly higher on financials, energy shares

HONG KONG (MarketWatch) -- Asian markets mostly advanced Thursday as financial shares such as Mizuho Financial Group rose in the wake of gains on Wall Street, while energy-related stocks climbed on higher crude-oil prices. The Nikkei 225 Average climbed 0.7% to 12,847.46, while the broader Topix index was little changed at 1,223.55, after opening higher. South Korea's Kospi added 0.6% to 1,502.17...

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Evercore Gets A Hand From Japan

Mizuho Financial Group to invest $120 million in U.S. investment firm.

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Asahi Diamond To Unload All Mizuho Financial Preferred Stock

Asahi Diamond To Unload All Mizuho Financial Preferred StockTOKYO (Nikkei)--Diamond tool manufacturer Asahi Diamond Industrial Co. (6140) plans to raise 1 billion yen by selling its entire holdings of 1,000 preferred shares in Mizuho Financial Group Inc. (8411) by the end of 2009.