Mizuho Securities USA Expands Equity Sales Coverage With Senior Hires
NEW YORK, NY -- (Marketwired) -- 05/29/13 -- Mizuho Securities USA
(MSUSA) (NYSE: MFG), the U.S. investment banking subsidiary of the
Mizuho Financial Group, today announced the expansion of its U.S.
equity sales team with the hires of Mark Orsi and Wes Dalton in San
Francisco and Robert Leggat in Boston. The new appointments will
augment Mizuho's overall U.S. equity sales and trading product
offerings in cash equities, convertibles, ETFs, program trading,
equity finance and research. Mr. Dalton, Mr. Orsi and Mr. Leggat will
report to John Bai, Managing Director and Head of U.S. Equity Sales.
John Koudounis, President and CEO, MSUSA, commented, "Clients rely on
our sales and trading capabilities to help them navigate the markets,
make better informed investment decisions and successfully reach all
their financial objectives. With the addition of such high-quality
capital markets professionals to our equity distribution platform,
together with a strong product range and Mizuho's global reach, we
are now even better positioned to help clients compete and find
opportunities in any market conditions in the world."
Mr. Bai stated, "While many firms are abandoning the cash equity
business, we believe that it is a great time to continue the
build-out of our platform. Hiring talent of this caliber to enhance
our U.S. equity sales effort is a further sign of our commitment to
building a team of seasoned professionals dedicated to providing
clients with value-added investment ideas and analysis."
Mr. Orsi, formerly of Lazard Capital Markets, joins as an Executive
Director, bringing over twenty years of equity sales experience and
deep West Coast institutional client relationships with him to
Mizuho. Mr. Dalton, who comes from Macquarie Securities, will also
enhance MSUSA's West Coast equity sales coverage as a Director. Mr.
Leggat, with extensive equity markets experience and strong
relationships with Boston-based institutional clients, joins as an
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 provides a wide range of fixed
income and equity securities products and investment banking services
to institutional clients. MSUSA is one of only 21 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
57,000 staff working in more than 980 offices inside and outside
Japan, and total assets of over $1.9 trillion as of March 31, 2013.
Its core global corporate banking entity, Mizuho Corporate Bank,
Ltd., has offices throughout the U.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/
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