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Mizuho eyes lucrative US market to boost profits

Mizuho has overtaken Japan's biggest bank, Mitsubishi UFJ, to become the nation's biggest underwriter of investment-grade dollar debt.


WHEN Actavis Plc was preparing to buy Allergan Plc, it gave Mizuho Financial Group Inc a weekend to decide if it wanted to help come up with US$46 billion in loans to back the deal, code-named Project Fruit Basket.

Mizuho chief executive officer Yasuhiro Sato had an answer by