Japan Megabanks’ Strategic Share Sale Marks Big Priority Shift
Global Finance
JULY 23, 2024
The plan by the Big Three banks to unwind their cross-shareholdings points to a long-awaited turn to better corporate governance. billion of cross-shareholdings by the end of March 2027, Mizuho Financial Group expects to sell $1.9 We’ve been discussing this for a number of years, holding meetings with the banks’ independent directors.”
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