Shares of Mizuho Financial Group fell as much as 7.7% on Monday after the Japanese lender clarified that it has yet to decide on an investment in Rakuten Bank.
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May 18, 2026 - 15:14
Mizuho shares slide 7% after denying decision on reported Rakuten Bank investment shift
By Pharos Investment Advisors Comments are Off
December 6, 2023 - 15:25
Japan’s Rakuten to raise up to $433 mln with further sale of bank unit
By Pharos Investment Advisors Comments are Off
TOKYO, Dec 6 (Reuters) – Rakuten Group said on Wednesday it plans to sell a large stake in Rakuten Bank to overseas investors, its latest fundraising effort as the Japanese company grapples with heavy debt and losses at its mobile network unit.
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