Mizuho Financial Group

Citigroup seeking to sell Diners Club business in Japan with retail unit-sources

Citigroup Inc (C.N) on Friday told bidders for its Japanese retail banking operations that it was looking to sell its profitable Diners Club card business in Japan with the retail unit, sources with knowledge of the matter said.

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Citigroup seeks to exit Japanese retail banking

Citigroup Inc (C.N) is preparing to sell its Japanese retail banking operations, a source with direct knowledge of the matter said on Wednesday, as it waves the white flag on a venture plagued by regulatory troubles and anemic lending.

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Tsukamoto leaves Mizuho chairman post after second penalty due to crime loans

Mizuho Financial Group Inc will be seeing its chairman, Takashi Tsukamoto, leaving its post after its lending unit received penalties the second time within a three-month period due to loans it extended to crime groups.

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Japan Gangster get loans by hiding crime ties

Orient Corp, a Japanese consumer credit company, had been probed by authorities for lending to crime groups with Mizuho Financial Group Inc.

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Mizuho Financial Group bid for 39.2% stake in Bank Panin

Sources told Reuters that Mizuho Financial Group offered to acquire a stake for Bank Panin from ANZ.

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Sharp to raise funds through share sale

Sharp Corp announced that they are looking into ways to raise funding needed for capital investments.

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Mizuho Global expects US$2 billion assets by March 2014

Mizuho Global Alternative Investments expect assets to rise as Japanese pensions continue to demand funds.

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Deals of the day -- mergers and acquisitions

Bids, mergers, acquisitions and disposals involving European, U.S., Canadian and Asian companies.

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