Japan's Mizuho hunting for deals to bolster asset management business

Japan's Mizuho hunting for deals to bolster asset management business

Examples of Japanese yen banknotes are displayed at a factory of the National Printing Bureau producing Bank of Japan notes at a media event about a new series of banknotes scheduled to be introduced in 2024, in Tokyo, Japan, November 21, 2022. REUTERS/Kim Kyung-Hoon

Mizuho Financial Group is in talks with overseas asset managers about deals as the major Japanese banking group looks to more than double its assets under management to $1 trillion within 10 years, a senior executive told Reuters.