TOKYO, May 18 (Pulse News Wire) – Rakuten Bank,ltd. (5838.T), denied reports published yesterday by the Yomiuri Shimbun stating that Mizuho Financial Group (HQ: Chiyoda Ward, Tokyo; President: Masahiro Kimura) was considering investing in the bank.
According to the report, the information was not released by Rakuten Bank. Yesterday's reports came amid ongoing discussions related to the restructuring of fintech operations within the Rakuten Group, which includes Rakuten Bank.
As previously disclosed on February 25, the bank is evaluating potential changes but has made no final decisions as of yet. Any significant developments will be communicated promptly once finalized.
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