The Bank of New York has been appointed by Mizuho Corporate Bank Ltd as clearing agent for its trading in US Treasury and Global securities clearing.
“Following market analysis which focused on the London Branch requirements, we selected Bank of New York for its securities clearance capability,” comments Colin Wallace, Assistant Director at Mizuho Corporate Bank, London Branch. “The Bank of New York demonstrated they could deliver solutions across multiple markets, which fit nicely within the London Branch business model.”
“This appointment reflects our pre-eminent position in broker dealer outsourcing and clearance solutions,” adds David Aldrich, managing director, The Bank of New York. “We look forward to demonstrating our high level of service.”