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Mizuho Financial Group Inc (8411.T)

8411.T on Tokyo Stock Exchange

173JPY
11:30am IST
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¥173
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Volume
64,067,300
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Wed, Mar 6 2019

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Japan's Mizuho slashes profit outlook, hit by $6 billion restructuring costs

TOKYO Japan's Mizuho Financial Group slashed its full-year profit outlook by 86 percent, citing one-time restructuring costs of 680 billion yen ($6 billion) at its bank and brokerage units and an overhaul of its securities portfolio.

UPDATE 3-Japan's Mizuho slashes profit outlook, hit by $6 bln restructuring costs

* Mizuho has struggled with system trouble (Adds Moody's analyst comments)

Japan's Mizuho slashes full-year profit outlook, hit by $6 billion restructuring costs

TOKYO, March 6 Japan's Mizuho Financial Group on Wednesday slashed its full-year profit outlook by 86 percent, citing 680 billion yen ($6.1 billion) in one-time restructuring costs, including an overhaul of its securities portfolio.

Mizuho gets license for Frankfurt subsidiary ahead of Brexit

LONDON, Dec 14 Japan's Mizuho Financial Group has won approval from Germany's financial regulator for a securities license for its Frankfurt-based European business, to ensure it can retain access to the region's markets when Britain exits the European Union.

Japan's Line teams up with Mizuho, Tencent; shares leap

TOKYO Japanese chat app operator Line Corp will set up a bank with Mizuho Financial Group Inc and also partner China's Tencent Holdings Ltd to offer mobile payment services - plans which saw its stock rise 13 percent on Tuesday.

Japan's Line Corp to establish bank in tie-up with Mizuho: source

TOKYO Japanese mobile chat app operator Line Corp will tie up with Mizuho Financial Group Inc to establish a bank, a source with direct knowledge told Reuters on Tuesday, declining to be identified because the plan is not yet public.

Japan's Line Corp to establish bank in tie-up with Mizuho - source

TOKYO, Nov 27 Japanese mobile chat app operator Line Corp will tie up with Mizuho Financial Group Inc to establish a bank, a source with direct knowledge told Reuters on Tuesday, declining to be identified because the plan is not yet public.

UPDATE 1-Japan's Mizuho reports flat Q2, hurt by weak lending business

* Keeps FY view at Y570 bln, down 1.1 pct on year (Recasts with quarterly figures, context)

Japan's Mizuho books 13.4 pct rise in first-half net profit

TOKYO, Nov 14 Mizuho Financial Group Inc said on Wednesday net profit rose 13.4 percent in the six months through September, helped by gains from its stock holdings and smaller bad loan costs.

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