e, equity, commodities and credit, as well as principal investments in interest rates, equities and credit. The company offers products and services to meet the diverse needs of its customers and support their global business by integrating its banking, trust and securities functions and seamlessly promoting its market business. The company expanded its product lineup from basic areas, such as interest rates, foreign exchange and equity to commodity derivatives, such as oil, metals and other commodities, and local currency transactions. Specifically, with respect to the overseas business development of its customers, the company offers hedged financing that is tailored based on market conditions. Competition The company’s major competitors in Japan include Japan’s other major banking groups: Mitsubishi UFJ Financial Group and Sumitomo Mitsui Financial Group; government financial institutions, such as Japan Finance Corporation, Japan Post Bank, Development Bank of Japan, and Japan Bank for International Cooperation. Supervision and Regulation The company and Mizuho Bank are financial holding companies (FHCs), and Mizuho Trust & Banking Co., Ltd. is a bank holding company, within the meaning of the U.S. Bank Holding Company Act of 1956, as amended (the BHCA), and are subject to regulation and supervision thereunder by the Board of Governors of the Federal Reserve System (the Federal Reserve Board). As a matter of law, these three companies are required to act as a source of financial strength to Mizuho Bank (USA) and Mizuho Trust & Banking Co. (USA). Mizuho Financial Group and Mizuho Bank became FHCs in 2006. The New York branch of Mizuho Bank is subject to supervision, examination and regulation by the New York State Department of Financial Services, as well as by the Federal Reserve Board. The deposits of Mizuho Bank (USA) are insured by the Federal Deposit Insurance Corporation (FDIC), and it is a state-chartered bank that is a member of the Federal Reserve System. As such, Mizuho Bank (USA) is subject to regulation, supervision and examination by the Federal Reserve Board and the New York State Department of Financial Services, as well as to relevant FDIC regulation. The deposits of Mizuho Trust & Banking Co. (USA) are also FDIC-insured, and it is a state-chartered bank and trust company that is not a member of the Federal Reserve System. As such, Mizuho Trust & Banking Co. (USA) is subject to regulation, supervision and examination by the FDIC and the New York State Department of Financial Services. Mizuho Capital Markets Corporation and Mizuho Securities USA are registered with the U.S. Commodity Futures Trading Commission (CFTC) as swap dealers as a result of their swap activities with U.S. persons. As a result, Mizuho Capital Markets Corporation and Mizuho Securities USA are subject to certain increased entity-level and transaction-level regulation by the CFTC, including with respect to registration requirements, additional recordkeeping and reporting obligations, risk management, clearing, trade execution, position limits, monitoring, capital and margin thresholds and internal and external business conduct standards, and would become subject to additional regulations under the Dodd-Frank Act as such regulations go into effect or following adoption of additional applicable regulations by the CFTC and/or the U.S. Securities and Exchange Commission. Significant Events In August 2014, Mizuho Financial Group, Inc. signed a strategic business alliance agreement with CITIC Group Corporation. History Mizuho Financial Group, Inc. was founded in 2003 under the laws of Japan.
mizuho financial group inc
(8411:Tokyo Stock Exchange)
Phone: 81 3 5224 1111
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To contact MIZUHO FINANCIAL GROUP INC, please visit www.mizuho-fg.co.jp. Company data is provided by Capital IQ. Please use this form to report any data issues.