, Japan
Photo by Jungwoo Hong via Unsplash.

Mizuho Financial Group plans to inject $5.7m to trust banking arm

This is so that MTBC can acquire over 600,000 shares of Mizuho.

Mizuho Financial Group is planning to make an additional cash contribution of approximately $5.69m (JPY850m) into Mizuho Trust & Banking Co. (MTBC) its trust banking arm.

This is made in order for MTBC to be able to acquire more shares of Mizuho Financial Group. 

It is expected that MTBC will acquire up to 608,400 shares maximum from the stock market between 26 February to 5 March 2024.

This is in respect to Mizuhi’s stock compensation program for operating officers, Mizuho said.

(US$1 = JPY149.21; as of 12 February 2024, 12:38PM)

Follow the link s for more news on

Join Asian Banking & Finance community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

Lorem Ipsum Content on ABF
The text to display in the title bar of a visitor's web browser when they view this page. 
Lorem Ipsum
Contrary to popular belief, Lorem Ipsum is not simply random text.