Mizuho Seeks Court-Appointed Managers for Key Radiant World Unit

Mizuho Bank Ltd., a unit of Japanese lender Mizuho Financial Group Inc. and a creditor of iron ore trader Radiant World, has taken legal steps to remove the management of...

By Alfred Cang and Jack Farchy · Bloomberg

Mizuho Bank Ltd., a unit of Japanese lender Mizuho Financial Group Inc. and a creditor of iron ore trader Radiant World, has taken legal steps to remove the management of the merchant’s key operating company in Singapore, according to a court document seen by Bloomberg.