Mizuho Plans to Expand U.S. Staff by 10%, Promotes Dewing

  • Mizuho may expand number of traders, investment bankers by 10%
  • Japanese bank expands as global competitors shut operations
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Mizuho Financial Group Inc. promoted Andrew Dewing to lead corporate and investment banking in North America as the firm seeks to expand the number of professionals in the region by at least 10 percent this year.

Dewing, whose newly created role begins on April 1, was previously the head of corporate finance in the U.S. at Mizuho Bank and reports to Hiroshi Suehiro, the company said in an e-mailed statement. The 10 percent expansion will build on a team of about 700 “front office” staff at both Mizuho’s securities and investment banking divisions in North America, according to Gerald Rizzieri, who leads Mizuho Securities USA.