Mizuho Corporate Bank
| Company type | Public |
|---|---|
| Industry | Financial services |
| Founded | 1893 |
| Defunct | 2013 |
| Fate | Merged with Mizuho Bank |
| Successor | Mizuho Bank |
| Headquarters | Tokyo, Japan |
Key people | Koji Fujiwara (president & CEO) |
| Revenue | $14.082 billion USD (FY 2005) |
Number of employees | 7,349 (2005) |
| Parent | Mizuho Financial Group |
| Subsidiaries | Mizuho Securities Co., Ltd. |
| Website | www |
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]
History
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.[2] 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.[3] MHCB opened a branch in Wuxi, China in 2006 in a bid to support transactions with Japanese companies operating in the city.[4] The bank also had a branch in the Philippines, partnering with the Bank of the Philippine Islands.[5] In 2013, it merged with the former Mizuho Bank, with the unified institution being "Mizuho Bank".
Shareholders
- Mizuho Financial Group (100%)
See also
References
- ^ "Mizuho Bank Corporate Profile". Retrieved 18 March 2014.
- ^ Grosse, Robert E. (9 February 2009). The Future of Global Financial Services. John Wiley & Sons. ISBN 9781405142403.
- ^ "New York Fed Severs Tie with Bankrupt MF Global, Down to 21 Primary Dealers". Forbes.
- ^ "People's Daily Online -- Mizuho to incorporate, seek more lending in China".
- ^ "BPI, Japan bank sign deal". 3 December 2012.
External links