New York – Mizuho Securities USA (MSUSA), the U.S. investment banking subsidiary of Mizuho Financial Group, has expanded its U.S. equity team with two senior appointments, announced John Koudounis, President and CEO. Patrick Moran and Richard Telesco have joined MSUSA as position traders managing the REIT/Financial and Consumer/Media sectors, respectively.
“We continue to build our U.S. equity sales, trading and research platform by investing in senior talent,” Koudounis said. “Patrick and Richard both come to us with distinguished 20-year careers on Wall Street. We welcome them to the firm.”
Moran joins MSUSA from Credit Suisse where he spent seven years as a director and senior trader in the equity department. He spent the previous ten years with Morgan Stanley. He earned his B.A. in Finance and Spanish at the University of Richmond.
Telesco joins MSUSA after fifteen years at Credit Suisse where he was director and head of small cap trading and consumer sector. Telesco earned his B.A. in economics from Moravian College.
“These highly experienced traders add to MSUSA’s growing presence in US Equity and will be invaluable additions to the firm,” said Matthew DeSalvo, Executive Managing Director and Head of MSUSA’s Equity Division.
About Mizuho Securities USA
Mizuho Securities USA Inc. is a U.S. registered broker-dealer headquartered in New York City, with offices in Atlanta, Boston, Chicago, Hoboken (NJ), Houston, Los Angeles, San Francisco and London (UK). MSUSA providesa wide range of fixed income and equity securities products and investment banking services to institutional clients. MSUSA is one of only 22 firms designated as a Primary Dealer in U.S. Government and Agency securities. MSUSA also is a U.S. registered futures commission merchant (“FCM”) and a member of most international futures exchanges. MSUSA’s parent company, Mizuho Securities Co., Ltd., is a top-tier, full-service, Japanese securities firm and a core member of the Mizuho Financial Group.
Mizuho Financial Group, Inc. (NYSE: MFG), based in Japan, is one of the largest financial institutions in the world, offering a broad range of financial services including banking, securities, trust and asset management, credit card, private banking services, and venture capital through its group companies. The group has approximately 55,000 staff working in more than 880 offices in over 35 countries and territories and total assets of over $1.62 trillion as of December 31, 2014. Its core global corporate banking entity, Mizuho Bank, Ltd., has offices throughout Japan, theU.S., the Americas, and the world, providing financial and strategic solutions to major corporations, financial institutions and public sector entities. For more information, please visit http://www.mizuho-fg.co.jp/english/