Contact Information: For further information, contact: Eric Tarlow Mizuho Securities USA 212-209-9460 eric.tarlow@us.mizuho-sc.com
Mizuho Securities USA Announces New Chief Economist, Steven Ricchiuto
| Source: Mizuho Securities USA, Inc.
NEW YORK, NY--(Marketwire - September 3, 2008) - Mizuho Securities USA, the U.S. broker-dealer
subsidiary of the global Mizuho Financial Group, has announced that Steven
Ricchiuto has joined its New York headquarters as Managing Director and
Chief Economist, effective September 2, 2008. He will report directly to
John Koudounis, Executive Managing Director & Head of Fixed Income. Mr.
Ricchiuto's responsibilities include formulating and marketing the firm's
macroeconomic and interest rate forecasts.
The addition of Mr. Ricchiuto is a part of the continuing strategic growth
of Mizuho Securities USA and its Fixed Income Division. Over the past
several months, the Division has added several senior officers in its sales
and trading desks in order to further broaden its array of products and to
provide the highest level of customer service.
"The fact that Mizuho Securities USA is able to attract an economist of
Steve's stature is yet another demonstration of Mizuho's strong commitment
to the continued growth of its U.S. Fixed Income origination and
distribution businesses," said Mr. Koudounis.
Prior to joining Mizuho Securities USA, Mr. Ricchiuto worked at Svenska
Handelsbanken and at ABN AMRO where he was Chief U.S. Economist and Head of
Fixed Income Research in the region. He has more than 28 years of
experience in the financial services industry. Mr. Ricchiuto is a
well-known and highly regarded economist, having appeared extensively on
various business news television and radio programs and having been quoted
regularly in print media.
About Mizuho
Mizuho Securities USA Inc. is a U.S. registered broker-dealer whose
principal office is in New York City and with other offices in Chicago, San
Francisco, Los Angeles, Atlanta, Houston, Hoboken (New Jersey), London and,
through a subsidiary, Singapore. Its parent company, Mizuho Securities Co.,
Ltd., is a top-tier, full-service, Japanese securities firm and a member of
the Mizuho Financial Group, a Japan-based financial holding company that
provides a full range of financial services through four strategic groups:
Global Corporate Group, Global Retail Group, Global Asset & Wealth
Management Group, and Group Strategy Affiliates. Global Corporate Group
consists of Mizuho Corporate Bank Ltd. and its subsidiary Mizuho Securities
Co., Ltd. (MHSC).