Mizuho Trust & Banking

Mizuho Trust & Banking Co., Ltd.
Company typePublic (TYO: 8404)
IndustryPrivate Banking
Founded1925
Headquarters
Tokyo
,
Japan
Key people
Tetsuo Iimori, President & CEO
Revenue164.9 billion JPY (FY 2005)
OwnerMizuho Financial Group
Number of employees
3,266 (2017)[1]
Websitewww.mizuho-tb.co.jp

Mizuho Trust & Banking Co., Ltd. (みずほ信託銀行株式会社, Mizuho Shintaku Ginkō Kabushiki-gaisha) is the trust banking arm of Mizuho Financial Group.

History

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The merger of the Dai-Ichi Kangyo Bank, Fuji Bank and the Industrial Bank of Japan in 2000 was followed by the merger of their respective trust banking subsidiaries,[2][3] creating Mizuho Trust & Banking Co. The company is known for developing trust products for specific types of families, including those in the LGBT community.[4] Its main activities include asset management for individuals, securitization, private banking, and custody.[5] Mizuho Trust & Banking also has administration services for a variety of trust, including money trusts, pecuniary trusts, investment trusts, and securities trusts. Its pension activities include corporate pension design planning, the management of pension policy holders, and pension scheme review. Additionally, they design compensation plans for senior executives and other employee retirement benefits.[6] The company is a 100% wholly owned subsidiary of the Mizuho Financial Group.[7]

See also

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References

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  1. ^ "Corporate Profile | Mizuho Trust & Banking".
  2. ^ Chorafas, D. (2004-09-07). Corporate Accountability: With Case Studies in Pension Funds and in the Banking Industry. Springer. ISBN 9780230508958.
  3. ^ Grosse, Robert E. (2009-02-09). The Future of Global Financial Services. John Wiley & Sons. ISBN 9781405142403.
  4. ^ "Mizuho offers new banking products tailored to LGBT people". Mainichi Daily News. 26 August 2017.
  5. ^ O'Connor, A. (November 2005). Trade, Investment and Competition in International Banking. Springer. ISBN 9780230512375.
  6. ^ "Mizuho Trust & Banking Co Ltd - Company Profile and News". Bloomberg News.
  7. ^ "Integrated Report (Annual Review) | Mizuho Financial Group" (PDF).
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