| Mizuho Corporate Bank, Ltd. | |
| Type: | public company KK (a Mizuho Financial Group company) |
| Fate: | merged with Mizuho Bank |
| Successor: | Mizuho Bank |
| Location: | Tokyo, Japan |
| Key People: | Koji Fujiwara, President & CEO |
| Industry: | Financial services |
| Revenue: | $14.082 billion USD (FY 2005) |
| Num Employees: | 7,349 (2005) |
| Parent: | Mizuho Financial Group |
| Subsid: | Mizuho Securities Co., Ltd. |
| Homepage: | Mizuho Corporate Bank |
, or MHCB, was the corporate and investment banking subsidiary of Mizuho Financial Group, the second-biggest Japanese financial services conglomerate, prior to the reintegration of investment banking services under the Mizuho Bank name in July 2013.[1]
MHCB was created in April 2002 by the merger of the Dai-Ichi Kangyo Bank and Fuji Bank's corporate and investment banking division with the Industrial Bank of Japan.[2] Backed by Mizuho Financial Group's credit ratings and financial solidity, MHCB was positioned as a major player in financial markets and among Japan's leading corporate and investment banks by market share.https://web.archive.org/web/20061230142822/http://www.thomsonfinancial.co.jp/pdf/2005%20Global%20Loan.pdf The brokerage arm Mizuho Securities was also a primary dealer in the U.S. Treasury securities market.[3] MHCB opened a branch in Wuxi, China in 2006 in a bid to support transactions with Japanese companies operating in the city.[4] The bank also had a branch in the Philippines, partnering with the Bank of the Philippine Islands.[5] In 2013, it merged with the former Mizuho Bank, with the unified institution being "Mizuho Bank".