TOKYO -- Mizuho Financial Group has agreed to sell its European and U.S. custody and related businesses to American financial services company State Street, the Japanese group said Friday, after struggling to grow in these markets.
Business deals
Mizuho exits custody business outside Japan in sale to State Street
Japanese financial group lacked scale necessary to compete overseas
Mizuho will continue its domestic custody services after the sale. (Source photos by Nikkei)
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