MIZUHO

Daiwa Securities Group Inc. and Mizuho Securities Co. said Tuesday they will cut more jobs as their earnings continue to plunge amid the European sovereign debt crisis. Daiwa said it will expand its job cuts to 500 from 300 as announced last October, mainly in Europe. Annual cost cuts are estimated to widen by ¥20 billion from an earlier planned level to ¥60 billion.

Daiwa Securities Group Inc. and Mizuho Financial Group Inc. will deepen job cuts by trimming an additional 500 positions, reversing an expansion aimed at challenging Wall Street firms as Europe’s debt crisis persists.

TOKYO: Mizuho Financial Group, Japan's No. 2 lender by assets, posted an 80 per cent drop in quarterly net profit, squeezed by a tax asset write-down and as declining stock markets wiped almost US$1.5 billion (RM4.5 billion) off its share portfolio in April-December.

Daiwa Securities Group Inc. (8601) and Mizuho Financial Group Inc. will deepen job cuts by trimming an additional 500 positions, reversing an expansion aimed at challenging Wall Street firms as Europe’s debt crisis persists.

Daiwa Securities Group Inc. and Mizuho Financial Group Inc. will deepen job cuts by trimming an additional 500 positions, reversing an expansion aimed at challenging Wall Street firms as Europe’s debt crisis persists.

BRISBANE, AUSTRALIA-- - Orocobre Limited - HIGHLIGHTS AND SIGNIFICANT DEVELOPMENTSSalar de Olaroz Lithium-Potash Project: --  Completion of management negotiations on investment terms of Toyota    Tsusho Corp. Ltd., Mizuho Corporate Bank mandated as lead arranger for    debt component of project --  Pumping tests and 3-D modelling suggest possible expansions beyond    16,400 tpa of battery grade ...

Malaysia’s ringgit may advance 1.3 percent against the dollar in the next two weeks after it breached technical levels some traders consider significant, according to Mizuho Corporate Bank Ltd.

Mizuho Financial Group Inc. has invested several hundred million yen in a food maker in Iwate Prefecture through a fund designed to support the reconstruction of disaster-hit northeast Japan, industry sources said Wednesday. The ¥6 billion Mizuho Tohoku Industry Development Fund, launched by Mizuho Financial Group's Mizuho Bank and Mizuho Corporate Bank last August, purchased a bond issued ...

Vietcombank’s capital position has improved following the acquisition of a 15 percent stake in the bank by Japan’s Mizuho Corporate Bank Ltd., ratings agency Standard & Poor’s said.

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