NEW YORK, Sept. 26, 2017 (GLOBE NEWSWIRE) -- The Luxembourg subsidiary of Tokyo-based Mizuho Financial Group, Inc. (MHFG) has mandated BNP Paribas Securities Services as its sub-custodian and settlement agent in Brazil.
Mizuho Trust & Banking (Luxembourg) S.A., a specialist provider of asset servicing, custody, payments and treasury services, helps its institutional clients invest in a wealth of global markets. Parent company Mizuho Financial Group ranks among the world’s largest banking institutions, with segments including personal, retail, corporate and international banking.
“This is a significant mandate win, which demonstrates our strengths in Brazil. Mizuho was looking for a local sub-custodian to support their clients investing in the country and selected us for our extensive local expertise and tailored custody and FX solutions,” said Andrea Cattaneo, Head of Brazil for BNP Paribas Securities Services.
BNP Paribas Securities Services is rapidly expanding in Latin America and currently offers local custody and clearing in Brazil, Colombia and Peru.
Press Contacts
Caroline Lumley caroline.lumley@uk.bnpparibas.com +44 (0)20 7410 4650
Simon Danaher simon.danaher@uk.bnpparibas.com +44 (0)20 7595 9108
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About BNP Paribas Securities Services (www.securities.bnpparibas.com)
BNP Paribas Securities Services, a wholly owned subsidiary of the BNP Paribas Group, is a leading global custodian and securities services provider. Backed by the strength of the BNP Paribas Group, we provide multi-asset post-trade and asset servicing solutions for buy and sell-side market participants, corporates and issuers. With local expertise in 36 countries and a global reach covering 90+ markets, our network is one of the most extensive in the industry, enabling clients to maximise their investment opportunities worldwide.
The information contained within this document (‘information’) is believed to be reliable but BNP Paribas Securities Services does not warrant its completeness or accuracy. Opinions and estimates contained herein constitute BNP Paribas Securities Services’ judgment and are subject to change without notice. BNP Paribas Securities Services and its subsidiaries shall not be liable for any errors, omissions or opinions contained within this document. This material is not intended as an offer or solicitation for the purchase or sale of any financial instrument. For the avoidance of doubt, any information contained within this document will not form an agreement between parties. Additional information is available on request.
BNP Paribas Securities Services is incorporated in France as a Partnership Limited by Shares and is authorised and supervised by the European Central Bank (ECB), the ACPR (Autorité de Contrôle Prudentiel et de Résolution ) and the AMF (Autorité des Marchés Financiers).
BNP Paribas Securities Services, London branch is authorised by the ACPR, the AMF and the Prudential Regulation Authority and is subject to limited regulation by the Financial Conduct Authority and Prudential Regulation Authority. Details about the extent of our authorisation and regulation by the Prudential Regulation Authority and regulation by the Financial Conduct Authority are available from us on request. BNP Paribas Securities Services, London branch is a member of the London Stock Exchange. BNP Paribas Trust Corporation UK Limited (a wholly owned subsidiary of BNP Paribas Securities Services), is incorporated in the UK.
In the U.S., BNP Paribas Securities Services is a business line of BNP Paribas which is incorporated in France with limited liability. Services provided under this business line, including the services described in this document, if offered in the U.S., are offered through BNP Paribas, New York Branch (which is duly authorized and licensed by the State of New York Department of Financial Services); if a securities product, through BNP Paribas Securities Corp. or BNP Paribas Prime Brokerage, Inc., each of which is a broker-dealer registered with the Securities and Exchange Commission and a member of SIPC and the Financial Industry Regulatory Authority; or if a futures product through BNP Paribas Securities Corp., a Futures Commission Merchant registered with the Commodities Futures Trading Commission and a member of the National Futures Association.