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Mizuho Corporate Bank

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Mizuho Corporate Bank, Ltd.
Company typepublic company KK (a Mizuho Financial Group company)
IndustryFinancial Services
Founded1893
HeadquartersTokyo, Japan
Key people
Yasuhiro Sato, President & CEO
RevenueIncrease$14.082 billion USD (FY 2005)
Number of employees
7,349 (2005)
ParentMizuho Financial Group
SubsidiariesMizuho Securities Co., Ltd.
Websitewww.mizuhocbk.co.jp
File:Mizuho Corporate Bank Head Office.jpg
Mizuho Corporate Bank Head Office in Marunouchi, Tokyo

Mizuho Corporate Bank, Ltd. (株式会社みずほコーポレート銀行, Kabushiki-gaisha Mizuho Kōporēto Ginkō), or MHCB, was the corporate and investment banking subsidiary of Mizuho Financial Group, the second-biggest Japanese financial services conglomerate, prior to the reintegration of investment banking services under the Mizuho Bank name in July 2013.[1]

MHCB was created in April 2002 by the merger of the Dai-Ichi Kangyo Bank and Fuji Bank's corporate and investment banking division with the Industrial Bank of Japan.

Headquarters were in the Ōtemachi district of Chiyoda, Tokyo, Japan.

Backed by Mizuho Financial Group's credit ratings and financial solidity, MHCB was positioned as a major player in financial markets and among Japan's leading corporate and investment banks by market share.[1] The brokerage arm Mizuho Securities was also a primary dealer in the U.S. Treasury securities market.

MHCB opened a branch in Wuxi, China in 2006 in a bid to support transactions with Japanese companies operating in the city. Mizuho was the first foreign bank to have a branch in Wuxi. The bank also has a branch in the Philippines.

Shareholders

See also

References

  1. ^ "Mizuho Bank Corporate Profile". Retrieved 18 March 2014.