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Mizuho set to merge European banking and securities businesses

The TRADE

Mizuho Financial Group is planning a restructure of its European Union (EU) banking and securities businesses, bringing them together under one umbrella as a Universal Bank, subject to approval from regulators. in an all-cash transaction, with the move slated to help accelerate Mizuho’s investment banking growth strategy.

Bank 63
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People Moves Monday: Northern Trust, Lloyds Bank North America and more…

The TRADE

Northern Trust promoted Dane Fannin as its new head of global foreign exchange (GFX)and securities finance within its capital markets business. In his new role, Fannin will be responsible for innovation and business growth across Northern Trust’s suite of GFX and securities finance solutions.

Bank 52