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Mizuho Financial Group
Mizuho Financial Group is one of the largest financial institutions in the world, offering a broad range of financial services including banking, securities, trust and asset management services. The group has over 45,000 staff working in 764 offices around the world, and total assets of over $1.2 trillion (as of March 2006). The company has a market capitalization over $92 billion. The group was created through the establishment of a holding company of its three predecessor banks, The Dai-Ichi Kangyo Bank, The Fuji Bank and The Industrial Bank of Japan. Under the Mizuho Financial Group umbrella, core companies include Mizuho Bank and Mizuho Corporate Bank. Mizuho Bank, the retail-oriented banking subsidiary, has approximately 26 million individual customer accounts and lends to approximately 100,000 small and medium-sized enterprises, or SMEs, and middle-market corporations. Mizuho Corporate Bank, the wholesale banking subsidiary, has business relationships with approximately 70% of all companies listed on Japanese stock exchanges.