Major Japanese bank Mizuho Financial Group stayed in the red last quarter, posting a 4.49 billion yen ($47.3 million) loss as derivatives trading soured and bad loans surged.
japanese bankJapanese bank Mizuho books loss as bad loans swellNewsvine - business Fri, 07/31/2009 - 03:06
Major Japanese bank Mizuho Financial Group stayed in the red last quarter, posting a 4.49 billion yen ($47.3 million) loss as derivatives trading soured and bad loans surged. Japanese Bank Plans $9.4 Billion Share SaleNYT > Business Mon, 06/15/2009 - 04:46
Sumitomo Mitsui Financial Group, which suffered a steep loss last year, had said in April it would seek about $8 billion in the market. |