Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Tokyo  >  Mizuho Financial Group, Inc.    8411   JP3885780001

SummaryChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Mizuho Financial Gr. : Japan bank lobby head: no problem with Tibor structure

share with twitter share with LinkedIn share with facebook
share via e-mail
0
07/19/2012 | 10:00am CET

The head of Japan's banking industry lobby said on Thursday he does not see any particular problem with the structure of how the Tokyo interbank offered rate, known as Tibor, is decided.

Yasuhiro Sato, chairman of the Japanese Bankers and president of Mizuho Financial Group, also said at a regular news conference he did not believe Japanese banks were involved in the manipulation of the London interbank offered rate, Libor.

Confidence in Libor, a benchmark that underpins transactions worth trillions of dollars, has been shaken by revelations that bankers manipulated the rate to profit on trades and hide their own borrowing costs during the 2007-09 financial crisis.

The Japanese banking lobby has asked the 18 banks contributing to Tibor to check whether proper procedures are being followed in submitting rates.

"We don't think there's any problem with (Tibor), but we decided on a check given growing public interest in Libor," the association's director, Shin Takagi, told a meeting of ruling party lawmakers on Thursday.

(Reporting by Taiga Uranaka; Editing by Michael Watson)

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on MIZUHO FINANCIAL GROUP, IN
11/28 HITACHI : and ELES Agree on Common Smart Grids and SmartCommunities Action
11/28 HITACHI : and ELES Agree on Common Smart Grids and Smart; Communities Action; Mi..
11/23 MIZUHO FINANCIAL : starts China Life at HK$29
11/21 ARAMARK : Mizuho Trust & Banking Co. Ltd. Decides to Keep It Stake in Aramark Ho..
11/21 MIZUHO FINANCIAL : Trust & Banking Co. Ltd. Buys 1,345 Shares of Liberty Interac..
11/16 Lukoil Raises $ 500m for Gissar Project in Uzbekistan
11/14 MIZUHO FINANCIAL : The Brookings Institution - Discussion
11/14 Japan top banks' first-half profits hit by Bank of Japan's negative rate poli..
11/11 MIZUHO FINANCIAL : The Brookings Institution - Discussion
11/11 Mizuho Bank Chooses Wolters Kluwer's OneSumX for Risk and Regulatory Reportin..
More news
Sector news : Banks - NEC
08:46a Poland agrees to buy back its second largest bank from UniCredit for $2.6 bil..
05:46aDJAsian Shares Lifted by Record Wall Street Close
03:06aDJBANK OF EAST ASIA : Jointly Won Land-Use Rights for CNY3.02 Billion in China
01:07aDJBANK OF NEW YORK MELLON : Lost Ability to Process Payments for 19 Hours
12/07 Exclusive - U.S. regulator set to fail Wells Fargo on community lending test ..
More sector news : Banks - NEC
News from SeekingAlpha
11/25 FINANCIALS - TOP 5 GAINERS / LOSERS : 15 pm
09/24 Is Kuroda's Operation Twist Really A Windfall For Banks?
09/21 FINANCIALS - TOP 5 GAINERS / LOSERS : 00 pm
08/23 ZOMBIE BANKS : Low Price/Book Ratios Characterize The Walking Dead
08/16 CONSTRUCTING A PURE ALPHA JAPAN PORT : Money Market Funding Crunch Means More Do..
Advertisement
Financials ( JPY)
Sales 2017 3 119 120 M
EBIT 2017 758 000 M
Net income 2017 605 386 M
Debt 2017 -
Yield 2017 3,48%
P/E ratio 2017 9,01
P/E ratio 2018 9,67
Capi. / Sales 2017 1,76x
Capi. / Sales 2018 1,76x
Capitalization 5 491 058 M
More Financials
Chart MIZUHO FINANCIAL GROUP, IN
Duration : Period :
Mizuho Financial Group, In Technical Analysis Chart | 8411 | JP3885780001 | 4-Traders
Full-screen chart
Technical analysis trends MIZUHO FINANCIAL ...
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 20
Average target price 210  JPY
Spread / Average Target -2,9%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Yasuhiro Sato President, Group CEO & Director
Daisaku Abe COO, Chief Information Officer & EVP
Junichi Shinbo CFO, Director & Managing Executive Officer
Mitsuo Ohashi Outside Director
Shusaku Tsuhara Chief Compliance Officer & Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
MIZUHO FINANCIAL GROUP..-10.25%48 338
JPMORGAN CHASE & CO.27.32%300 825
WELLS FARGO & CO5.37%287 678
INDUSTRIAL AND COML BA..-0.87%231 582
BANK OF AMERICA CORP34.11%228 071
CHINA CONSTRUCTION BAN..-3.11%188 768
More Results