Mizuho Securities USA, the investment banking unit of Mizuho Financial Group, has expanded its U.S. equity sales team with the hires of Mark Orsi and Wes Dalton in San Francisco, plus Robert Leggat in Boston. Orsi, formerly of Lazard Capital Markets, joins as an executive director, while Dalton, who comes from Macquarie Securities, will be a director. Leggat will also be an executive director.
NEW YORK, NY–(Marketwired – May 29, 2013) – Mizuho Securities USA (MSUSA) (NYSE: MFG), the U.S. investment banking subsidiary of the Mizuho Financial Group, today announced the expansion of its U.S. equity sales team with the hires of Mark Orsi and Wes Dalton in San Francisco and Robert Leggat in Boston. The new appointments will augment Mizuho’s overall U.S. equity sales and trading product offerings in cash equities, convertibles, ETFs, program trading, equity finance and research. Mr. Dalton, Mr. Orsi and Mr. Leggat will report to John Bai, Managing Director and Head of U.S. Equity Sales.
John Koudounis, President and CEO, MSUSA, commented, “Clients rely on our sales and trading capabilities to help them navigate the markets, make better informed investment decisions and successfully reach all their financial objectives. With the addition of such high-quality capital markets professionals to our equity distribution platform, together with a strong product range and Mizuho’s global reach, we are now even better positioned to help clients compete and find opportunities in any market conditions in the world.”
Mr. Bai stated, “While many firms are abandoning the cash equity business, we believe that it is a great time to continue the build-out of our platform. Hiring talent of this caliber to enhance our U.S. equity sales effort is a further sign of our commitment to building a team of seasoned professionals dedicated to providing clients with value-added investment ideas and analysis.”
Mr. Orsi, formerly of Lazard Capital Markets, joins as an Executive Director, bringing over twenty years of equity sales experience and deep West Coast institutional client relationships with him to Mizuho. Mr. Dalton, who comes from Macquarie Securities, will also enhance MSUSA’s West Coast equity sales coverage as a Director. Mr. Leggat, with extensive equity markets experience and strong relationships with Boston-based institutional clients, joins as an Executive Director.
About Mizuho Securities USA Mizuho Securities USA Inc. is a U.S. registered broker-dealer headquartered in New York City, with offices in Atlanta, Boston, Chicago, Hoboken (NJ), Houston, Los Angeles, San Francisco and London (UK). MSUSA provides a wide range of fixed income and equity securities products and investment banking services to institutional clients. MSUSA is one of only 21 firms designated as a Primary Dealer in U.S. Government and Agency securities. MSUSA also is a U.S. registered futures commission merchant (“FCM”) and a member of most international futures exchanges. MSUSA’s parent company, Mizuho Securities Co., Ltd., is a top-tier, full-service, Japanese securities firm and a core member of the Mizuho Financial Group. http://www.mizuhosecurities.com
Mizuho Financial Group, Inc. (NYSE: MFG), based in Japan, is one of the largest financial institutions in the world, offering a broad range of financial services including banking, securities, trust and asset management, credit card, private banking services, and venture capital through its group companies. The group has approximately 57,000 staff working in more than 980 offices inside and outside Japan, and total assets of over $1.9 trillion as of March 31, 2013. Its core global corporate banking entity, Mizuho Corporate Bank, Ltd., has offices throughout the U.S., the Americas, and the world, providing financial and strategic solutions to major corporations, financial institutions and public sector entities. For more information, please visit http://www.mizuho-fg.co.jp/english/