Banking News Daily




The World Facts

Oct, 22 The price of the oil basket (OPEC) fell to $60 a barrel.

Oct, 17 World oil prices fell below $70 a barrel.

Oct, 6 The capitalization of the world stock exchanges fell by 2.5 trillion dollars.


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Mizuho Corporate Bank, Ltd.


Mizuho Corporate Bank, Ltd.Mizuho Corporate Bank, Ltd. (MHCB) is the corporate and investment banking subsidiary of Mizuho Financial Group. MHCB was created in April 2002 by the transfer of the Dai-Ichi Kangyo Bank and Fuji Bank's corporate and investment banking division to the Industrial Bank of Japan.

Backed by Mizuho Financial Group's credit ratings and financial solidity, MHCB is positioned as a major player in financial markets and among Japan's leading corporate and investment banks by market share. The brokerage arm Mizuho Securities is a primary dealer in the U.S. Treasury securities market.

Headquarters:Tokyo, Japan
Leadership:Hiroshi Saito, President & CEO
Founded:1893
Website:www.mizuhocbk.co.jp
World Banks


Business and Financial News

Citigroup will sell Citibank Privatkunden AG for $7.7bn - 06.12.2008
Banking giant Citigroup Inc. says it will sell its German retail banking operation and some of its affiliates to France's Credit Mutuel, in $7.7 billion cash deal.
 
Repartition of the Global Banking System is inevitable - 05.12.2008
The financial crisis continues to storm in the global markets. This time the main victim of crisis is a banking system developed and developing countries. And experts notice, that the global banking system will undergo huge changes by 2012.
 
US government puts up $300bn in Citigroup rescue - 25.11.2008
The US government pulled Citigroup back from the abyss yesterday with a comprehensive bail-out that saw taxpayers guaranteeing $306bn of risky assets and injecting $20bn of capital into the banking group.
 
HSBC cuts 450 jobs in Hong Kong - 18.11.2008
HSBC was laying off 500 people in Asia, 90 percent of them in Hong Kong, in a further indication that the Asian financial community, so far relatively unscathed by mass layoffs seen on Wall Street, is being affected by the global financial crisis.

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