NEW YORK, NY--(Marketwired - Jun 29, 2016) - Mizuho announced today the upcoming launch of its U.S. Bank Holding Company (BHC), Mizuho Americas LLC, on July 1. To commemorate the occasion, as well as the 10th Anniversary of Mizuho Financial Group's (NYSE: MFG) listing on the New York Stock Exchange, Hiroshi Suehiro, Head of the Americas and CEO of the BHC, will lead a delegation to ring the bell for the official opening of the day's trading activities.
The establishment of a BHC demonstrates Mizuho's commitment to the U.S. market and better positions the firm for long-term success. It will enable local empowerment and authority, while ensuring the U.S. businesses remain globally aligned.
To support the new structure, Mizuho Americas launched a new brand platform and digital presence, including a dynamic website and user experience at mizuhoamericas.com. The brand strategy showcases the unique, hybrid nature of Mizuho Americas -- combining its Japanese heritage and global reach with local market talent and expertise.
"The new U.S. corporate structure reflects our commitment to support our clients in the region," said Suehiro. "We are now ideally set up for long-term growth and plan to continue our investment in reinforcing the Mizuho brand in the Americas."
Beginning July 1, 2016, Mizuho Americas LLC will be the new parent company of Mizuho's primary U.S. subsidiaries and provide oversight of the combined U.S. businesses.
About Mizuho Americas
Mizuho Americas comprises several legal entities, which together offer clients corporate and investment banking, financing, securities, treasury services, asset management, research and more. With professionals in offices throughout the US, Canada, Mexico, Brazil and Chile, Mizuho's operations in the Americas connect a broad client base of major corporations, financial institutions and public sector groups to local markets and a vast global network. Mizuho Americas is an integral part of the Japan-based Mizuho Financial Group, Inc. Learn more at mizuhoamericas.com.
Mizuho Financial Group, Inc. (NYSE: MFG) is one of the largest financial institutions in the world, offering comprehensive financial and strategic services including private banking and venture capital through its subsidiaries. The group has over 56,000 employees working in over 900 offices in nearly 40 countries throughout the Americas, EMEA and Asia. At the end of March 2016, its total assets were $1.8 trillion.