Sunday, July 06, 2008

Japan bank ties with Bank of India

Jan. 25 - Japan's No. 2, Mizuho Financial, will form business ties with top State Bank of India, the latest global move by a Japanese lender.

Mizuho last week announced a $1.2 billion investment in Merrill Lynch, a milestone for Japan's once reeling banks, now looking for overseas opportunities.

Source: Reuters, Dan Sloan reports

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