Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $1.96 USD
Change Today 0.00 / 0.00%
Volume 0.0
MZHOF On Other Exchanges
Symbol
Exchange
Tokyo
OTC US
New York
Singapore
Frankfurt
Frankfurt
As of 8:10 PM 04/27/15 All times are local (Market data is delayed by at least 15 minutes).

mizuho financial group inc (MZHOF) Key Developments

ANZ Confirms Sale Of Esanda Dealer Finance

Australia & New Zealand Banking Group Limited (ASX:ANZ) has confirmed it intends to offload Esanda dealer finance unit, in an auction that may garner local and offshore interest and see the lender reap proceeds in the order of AUD 1.5 billion. ANZ said sale documents were due out later in May. The sale includes point-of-sale finance, bailment facilities and other Esanda-branded finance offered to vehicle dealers, ANZ said. First round bids are expected before the end of June 2015. Deutsche Bank is advising ANZ. ANZ said it "remains committed" to providing asset finance under the ANZ brand, with the auction to exclude the ANZ commercial broker, commercial asset finance or direct to consumer asset finance businesses. TPG Capital (Australia) Pty Ltd may opt to again join with Liberty Financial Pty Ltd to make a tilt for the Esanda division, while Macquarie Group Limited (ASX:MQG), Pepper Australia Pty Ltd, Bank of Queensland Ltd. (ASX:BOQ), ORIX Corporation (TSE:8591) and KKR & Co. L.P. (NYSE:KKR) are also expected to scour the sale documents. The sale is expected to pique the interest of global auto-finance companies including US giant Ally Bank Corp., Banco Santander, S.A. (CATS:SAN), and Japanese banks such as Mizuho Financial Group, Inc., Sumitomo Mitsui Financial Group, Inc. (TSE:8316) and Mitsubishi Corporation (TSE:8058).

ANZ May Sell Stake In Bank Pan Indonesia

There are talks that Australia & New Zealand Banking Group Limited (ASX:ANZ) may sell its 39% stake in PT Bank Pan Indonesia Tbk (JKSE:PNBN). Mizuho Financial Group, Inc. (TSE:8411) remains the likely buyer, Bloomberg reports.

Mizuho Financial Group Inc. and Sumitomo Mitsui Banking Corp. Conclude their Annual Shunto Negotiations with the Labor

Mizuho Financial Group Inc. and Sumitomo Mitsui Banking Corp. effectively concluded their annual shunto negotiations with the labor side by agreeing to implement a 1.5% pay scale hike. The two will carry out a salary scale increase for the second consecutive year. The margin will be bigger than the previous year's 0.5%. A pay scale rise of 1.5% roughly translates into an increase of JPY 7,000 in the monthly salaries at Japanese megabanks, including Mizuho and Sumitomo Mitsui. Mizuho and Sumitomo Mitsui also agreed to raise bonuses by 3% from the previous year as demanded by their labor unions. At both banks, bonuses will increase for the third consecutive year.

BDO, AUB Keen On Acquiring SMC Stake In Bank of Commerce

BDO Unibank, Inc. (PSE:BDO) and Asia United Bank Corporation (PSE:AUB) are looking to acquire San Miguel Corporation (PSE:SMC) stake in Bank of Commerce. San Miguel asked Citigroup to initiate a transaction process and find strategic investor for Bank of Commerce. Other than BDO Unibank and Asia United there are two other international financial institutions that expressed interest in Bank of Commerce one of them is Mizuho Financial Group, Inc. (TSE:8411).

Mizuho Financial Group, Inc Announces Management Changes, Effective April 1, 2015

Mizuho Financial Group, Inc. announced that the changes in executive positions. The company announced that Mr. Toshitsugu Okabe as Deputy President & Executive Officer, Mr. Akira Sugano as Head of Strategic Planning and Management Control (International Banking, Investment Banking, Transaction and Asset Management) and Strategic Planning (Priority Assignments), Mr. Shusaku Tsuhara as Head of Compliance Group, Mr. Tetsuhiko Saito as Head of Personal Banking Unit, Mr. Keiichiro Ogushi as Head of Retail Banking Unit and Head of Corporate Banking Unit, Mr. Kazuya Kobayashi as Head of Investment Banking Unit and Head of Transaction Banking Unit, Mr. Kenji Tsujitsugu as Head of Financial Institutions & Public Sector Business Unit, Mr. Satoshi Ishii as Head of Human Resources Group, Mr. Kouji Arita as Joint Head of Operations Group, Mr. Masahiro OtsukaJoint as Head of Personal Banking Unit, Mr. Masato Monguchi as Deputy Head of Risk Management Group and Deputy Head of Compliance Group, Mr. Tatsuya Yamada as Deputy Head of IT & Systems Group and Deputy Head of Operations Group, Mr. Hiroto Koda as Deputy Head of Retail Banking Unit and Deputy Head of Corporate Banking Unit, Mr. Naomi Tsumura as Deputy Head of Compliance Group, Mr. Yasuto Hamanishi as Deputy Head of Corporate Banking Unit, Mr. Hidenobu Mukai as General Manager of Personal Banking Coordination Division and Mr. Yasunori Tsujita as Director (not full-time). The company announced retirements of Mr. Masayuki Hoshi as Head of Financial Institutions & Public Sector Business Unit and Head of Transaction Banking Unit, Mr. Tomoshige Jingu as Head of Human Resources Group, Mr. Masayuki Yonetani as Head of Corporate Banking Unit, Mr. Takeru Watanabe as Deputy Head of Personal Banking Unit and Deputy Head of Retail Banking Unit, Mr. Tsuyoshi Hatsuzawa as Deputy Head of Risk Management Group, Mr. Kenichi Minamitani as Deputy Head of Compliance Group, Mr. Shuzo Fujii as Deputy Head of Corporate Banking Unit, Mr. Masaya Usuha as Deputy Head of Operations Group and Mr. Akira Nakamura as General Manager of Corporate Banking Coordination Division (Large Corporations). These changes effective on April 1, 2015.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
MZHOF:US $1.96 USD 0.00

MZHOF Competitors

Market data is delayed at least 15 minutes.

Company Last Change
ORIX Corp ¥1,841 JPY -13.50
State Bank of India 265.40 INR -6.65
State Street Corp $77.65 USD -1.10
Bank of Nova Scotia/The C$65.71 CAD -0.77
PNC Financial Services Group Inc/The $92.60 USD -0.51
View Industry Companies
 

Industry Analysis

MZHOF

Industry Average

Valuation MZHOF Industry Range
Price/Earnings 8.9x
Price/Sales 2.1x
Price/Book 0.7x
Price/Cash Flow 8.6x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact MIZUHO FINANCIAL GROUP INC, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.