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Stock Market & Financial Investment News

News Breaks
March 18, 2014
07:31 EDTMFGMizuho drawn into U.S. lawsuit over Bitcoin exchange collapse, FT says
Mizuho Bank has been added as a defendant in a class action claim in the U.S. stemming from the collapse of the Bitcoin trading exchange Mt Gox, reported Financial Times. Reference Link
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April 27, 2015
06:06 EDTMFGMizuho to buy North American loan portfolio from RBS, Telegraph reports
Royal Bank of Scotland (RBS) will sell a portfolio of North American loans to Mizuho Financial Group (MFG) for about $500M, The Telegraph reports. RBS will make a GBp20M loss on the deal, the report says. RBS says, "Together with the announced sale to Mizuho in late February, approximately two thirds of our North American corporate loan portfolio and associated commitments identified for exit have now been disposed of." Reference Link
April 16, 2015
06:23 EDTMFGSharp, lenders close to $1.7B rescue, restructuring plan, Reuters reports
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