Company type | public company KK (a Mizuho Financial Group company) |
---|---|
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 | Mizuho Corporate Bank |
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. [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".
Company type | public company KK (a Mizuho Financial Group company) |
---|---|
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 | Mizuho Corporate Bank |
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. [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".