Headlines
Bloomberg MarketsCrypto Markets Get Trapped in a Downward SpiralFinancial TimesStarmer apologises to Epstein victimsBloomberg MarketsAmazon Cloud Sales in Focus After Microsoft’s $500 Billion RoutBloomberg MarketsMoody’s Downgrades Indonesia Rating Outlook to NegativeBloomberg MarketsTurkey and Chevron Sign Agreement on Global Oil and Gas ExplorationBloomberg MarketsBarrick to Spin Off North American Gold Assets Through IPOBloomberg MarketsAres Assets Reach Record as CEO Sees ‘Strong’ Fundraising AheadBloomberg MarketsAIIB CIO on Infrastructure FinancingBloomberg MarketsUBS Investment Bank Units to See Bonus Pools Jump by Up To 20%Bloomberg MarketsMaersk Sees 2026 Dip, Shell Buys Back and Tech Selloff Grips Markets | The Opening Trade 2/5/2026Financial TimesSyngenta prepares to revive plans for IPO in Hong KongBloomberg MarketsJaguar Land Rover Parent Swings to $386 Million Loss on ShutdownBloomberg MarketsCurrency Whiplash Is Fueling Bets on More Sharp Swings AheadBloomberg MarketsTraders Pile Into Tech Hedges as Rout in Software Stocks DeepensBloomberg MarketsMizuho Beats MUFG to Become Megabank With Best Price-Book RatioBloomberg MarketsCrypto Markets Get Trapped in a Downward SpiralFinancial TimesStarmer apologises to Epstein victimsBloomberg MarketsAmazon Cloud Sales in Focus After Microsoft’s $500 Billion RoutBloomberg MarketsMoody’s Downgrades Indonesia Rating Outlook to NegativeBloomberg MarketsTurkey and Chevron Sign Agreement on Global Oil and Gas ExplorationBloomberg MarketsBarrick to Spin Off North American Gold Assets Through IPOBloomberg MarketsAres Assets Reach Record as CEO Sees ‘Strong’ Fundraising AheadBloomberg MarketsAIIB CIO on Infrastructure FinancingBloomberg MarketsUBS Investment Bank Units to See Bonus Pools Jump by Up To 20%Bloomberg MarketsMaersk Sees 2026 Dip, Shell Buys Back and Tech Selloff Grips Markets | The Opening Trade 2/5/2026Financial TimesSyngenta prepares to revive plans for IPO in Hong KongBloomberg MarketsJaguar Land Rover Parent Swings to $386 Million Loss on ShutdownBloomberg MarketsCurrency Whiplash Is Fueling Bets on More Sharp Swings AheadBloomberg MarketsTraders Pile Into Tech Hedges as Rout in Software Stocks DeepensBloomberg MarketsMizuho Beats MUFG to Become Megabank With Best Price-Book Ratio
Glass HouseECONOMY
Home/Bloomberg Markets
Back
MARKETS:
SPY+0.26%
DIA+0.23%
QQQ-0.14%
IWM+0.29%
GLD-0.40%
USO+1.64%
Bloomberg Marketsglobal

Mizuho Beats MUFG to Become Megabank With Best Price-Book Ratio

Bloomberg Markets
Thursday, February 5, 2026 at 10:17 AM
~4 min read
BankingInflation

Original Report

Mizuho Financial Group Inc. has gone from the bottom to the top of the list of Japan’s three biggest banks in price-to-book ratio, as it turns around its balance sheet and boosts investor returns.

Glass House Analysis

This development in the banking sector reflects broader tensions between regulatory pressure and financial industry practices. The banking system serves as the circulatory system of the economy; any disruption ripples through to small businesses, homebuyers, and everyday consumers who depend on credit access.

Inflation is the silent tax that erodes purchasing power, hitting hardest those who can least afford it. When grocery bills rise faster than wages, families face impossible choices between food, medicine, and rent. Unlike market volatility that mainly affects investors, inflation touches everyone who buys groceries, fills a gas tank, or pays rent.

The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.

Enjoyed this analysis?

Get the Glass House Briefing every morning—market news that actually makes sense, delivered free to your inbox.

No spam. Unsubscribe anytime.

More Stories

Economic Context

S&P 500
+0.26%
Dow Jones
+0.23%
NASDAQ 100
-0.14%
Russell 2000
+0.29%