Home   News   Features   Interviews   Magazine Archive   Industry Awards  
Subscribe
Securites Lending Times logo
Leading the Way

Global Asset Servicing News and Commentary
≔ Menu
Securites Lending Times logo
Leading the Way

Global Asset Servicing News and Commentary
News by section
Subscribe
⨂ Close
  1. Home
  2. Latest news
  3. Mizuho Trust & Banking fuse European custody and SBL operations
Latest news
Mizuho Trust & Banking fuse European custody and SBL operations
27 April 2012 Japan
Reporter: Georgina Lavers

Image: Shutterstock
Mizuho Trust & Banking and Mizuho Securities will consolidate their European custody operations and securities lending operations currently provided by Mizuho Trust & Banking (Luxembourg) S.A. (MHTBL) and Mizuho International (MHI).

In a statement from the company, Mizuho said the merge would centralise functions and enhance the quality of client services. The Mizuho Financial Group will consolidate European custody operations through MHTBL and will consolidate European securities lending services through MHI.

“Mizuho is confident that it can achieve its objective of further strengthening its global custody service to its clients through the collaboration of three global custody centres in Tokyo, Europe, and America,” the statement went on to say.

MHTBL, a wholly owned subsidiary of Mizuho Trust & Banking Co., Ltd., provides global custody, fund administration, and securities agency services with a strong focus on European assets.?

MHI, the London-based securities and investment banking arm of Mizuho Securities provides financial solutions to institutional investors, including securities lending services, with a strong focus on European assets.?
← Previous latest article

Stonegate to offer fund administration
NO FEE, NO RISK
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
Advertisement
Subscribe today