Japan's regulator warns Mizuho Securities over IPO price setting

Japan's regulator warns Mizuho Securities over IPO price setting

Pedestrians are reflected in the logo of Mizuho Financial Group outside a Mizuho Bank Ltd branch in Tokyo, Japan. Photographer: Tomohiro Ohsumi/Bloomberg

Japan’s antitrust regulator on Thursday said it had admonished the brokerage unit of Mizuho Financial Group for pushing startups to accept underpriced initial public offerings (IPO).

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter