Mizuho Sees Profit Falling 11% as Negative Rates Hit MarginsBy and
Japanese bank is less pessimistic about outlook than analysts
Sumitomo Mitsui sees earnings rebounding from unexpected drop
Mizuho Financial Group Inc., Japan’s second-biggest lender by assets, forecast net income will decline 11 percent to a four-year low as the central bank’s negative interest-rate policy squeezes loan profitability.
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