Mizuho Capital Markets (MCM) will pay more than $6.8 million to settle allegations brought by the Commodity Futures Trading Commission (CFTC) that the swap dealer mishandled key foreign exchange (FX) forward transactions and put its clients at a disadvantage, officials say. The CFTC order settles charges against the New York-based bank holding company and will… Read More >>
Mizuho Americas Revamps Client Onboarding: Case Study
Mizuho Americas, an investment and corporate bank that is part of Tokyo-based Mizuho Financial Group, Inc., has gone live with client onboarding software solutions from vendor Fenergo in an effort to have know your customer (KYC) and anti-money laundering (AML) regulatory processes that can scale along with the firm’s rapid growth. Mizuho Americas officials “examined… Read More >>
Mizuho Americas Embraces Program & Electronic Trading
Mizhuo Americas Expands Equities Platform Mizuho Americas, part of Mizuho Financial Group, reports that it will be adding to the equity offerings of its securities division via the establishment of program trading and electronic trading. In fact, Mizuho officials have appointed George Nikitiadis as the managing director, head of program trading, and Lindsey Burik as… Read More >>
Mizuho and Cognizant Launch ‘Record-Keeping’ Blockchain Project
Cognizant, a Teaneck, N.J.-based provider of information technology, consulting, and business-process outsourcing services, reports a strategic agreement with Mizuho Financial Group, based in Japan, to develop a “blockchain solution for secure record-keeping of documents among Mizuho Financial Group companies around the world.” Under the agreement, Cognizant will “design and develop a blockchain solution for Mizuho’s… Read More >>
