New Hires Follow Acquisition of Client Loan Portfolio from RBS
New York – Mizuho Bank, Ltd. (Mizuho Bank) and Mizuho Securities USA (MSUSA), the U.S. corporate and investment banking subsidiaries of the Mizuho Financial Group, announced the hiring of three senior debt capital markets and two senior corporate finance executives from the Royal Bank of Scotland (RBS). The new personnel will combine with Mizuho’s existing business strengths to create a more powerful corporate and investment banking presence in the U.S. with a wider range of funding and advisory solutions and increased product and sector expertise.
The three senior debt capital markets appointments are: Jennifer Powers, Managing Director and Joint Head of Investment Grade Debt Capital Markets; Richard Smith, Managing Director and Head of Leveraged Debt Capital Markets; and Victor Forte, Managing Director and Joint Head of Syndicate. In Corporate Finance, the new hires include Donald Sutton, Managing Director and Co-Head of Origination overseeing the Healthcare, Real Estate and Basic Industries sectors, and Michael Keating, Managing Director and Head of Global Subsidiaries Coverage. The moves follow Mizuho’s recent acquisition of a substantial amount of North American loan assets from RBS.
John Koudounis, President and CEO of Mizuho Securities USA, commented, “Capital markets is a strategic focus of Mizuho and our existing team has significantly advanced the platform over the past several years. The integration of Jennifer, Dick, Victor and others into our business provides added momentum. We are very excited to have these new colleagues on the Mizuho team.” Andrew Dewing, Executive Officer and Head of Mizuho Bank’s U.S. Corporate Finance business, stated, “The acquisition of the RBS loan assets, coupled with these highly talented client coverage and capital markets appointments, further builds upon the solid foundation we have established in recent years as a more dynamic corporate and investment banking provider in the Americas. This significant investment in our product platform will considerably enhance the breadth of quality financial solutions we can offer clients and underscores Mizuho’s commitment to the U.S. market.”
About Mizuho Financial Group
The Mizuho Financial Group is one of the largest financial institutions in the world, offering a broad range of services including banking, trust and securities, and other business related to financial services through its group companies. The group has approximately 55,000 staff working in approximately 880 offices in 39 countries and regions, and total assets of over US $1.62 trillion (as of December 31, 2014). Under the umbrella of the holding company Mizuho Financial Group, our major group companies include Mizuho Bank (MHBK), Mizuho Trust & Banking (MHTB) and Mizuho Securities (MHSC).
In the Americas, Mizuho Bank provides financial and strategic solutions for the increasingly diverse and sophisticated needs of clients, focusing its efforts on serving major corporations, financial institutions, and public sector entities. Mizuho Securities USA provides a wide range of fixed income, equity, futures and investment banking services to institutional clients and is one of only twenty-two firms designated as a Primary Dealer in U.S. Government and Agency securities.