Mizuho Corporate Bank, Ltd.
Financial Institutions:Banks & Trusts
Summary
Mizuho was created in September 2000 through the combination of three predecessor banks: The Dai-Ichi Kangyo Bank, The Fuji Bank and The Industrial Bank of Japan. It is organized into three groups, the Global Corporate Group (principal operating subsidiary is Mizuho Corporate Bank, Ltd. (MCB) (typically about 40% to 45% of consolidated net business profits as defined by the bank excluding unallocated items), the Global Retail Group (primarily Mizuho Bank, Ltd. (MB) typically 45% to 50%), and the Global Asset & Wealth Management Group (primarily Mizuho Trust & Banking Co., Ltd., typically about 10%). Most of Mizuho’s earnings are generated domestically.
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