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Finance

Japanese banks secure slots as Saudi Aramco underwriters

Mizuho and SMBC among 15 names planned for historic listing

An Aramco employee readies to board company-owned plane at the private airport at Shaybah oilfield in the Saudi Arabia.   © Reuters

TOKYO -- Japanese banks Mizuho Financial Group and Sumitomo Mitsui Financial Group are among 15 names proposed as lead underwriters for the planned initial public offering of Saudi Aramco, it was learned Friday.

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