Mizuho Chases Riskier Clients Overseas, Seeks Profit Revival (1).

The Tokyo-based lender may have been a "little conservative" in adjusting its asset profile toward non-investment grade assets overseas and away from lower-margin clients, Sakai said in an interview this week. Sakai said Mizuho would target non-investment grade companies, mostly in the U.S., for lending and debt capital markets transactions, in order to raise the overall risk profile of its clients. [Extracted from the article]