Mizuho Financial Updates Interim Financial Performance
6-K: Report of foreign private issuer (related to financial reporting)
Japanese banks are reportedly planning to maintain their business relationship with Adani, while Barclays and other international banks are cautiously reassessing their exposures.
Despite the usa accusing Gautam Adani of bribery, several major banks in japan plan to maintain their relationships with the billionaire, while other global companies like Barclays are reassessing their risk exposure to this india conglomerate. According to sources, mizuho financial is expected to have no lasting impact from the latest events involving Adani and intends to continue supporting the conglomerate. Sources also stated that sumitomo mitsui financial and mitsubishi ufj financial have not withdrawn their plans and will remain open to providing new financing when needed in the future. Spokespeople for these three banks in Tokyo declined to comment. A representative of the Adani group did not respond.
Express News | Japan's three major financial giants are reportedly willing to continue cooperating with the Adani Group.
Express News | Mizuho: Downgraded dell technologies' target price from $155 to $150, maintaining an "outperform" rating.
Express News | Ruisui: Autodesk's target price has been raised from $260 to $280, maintaining a "neutral" rating.