State Street to Acquire Mizuho Global Custody, Related Businesses Outside of Japan-March 2024-www.financetom.com

State Street to Acquire Mizuho Global Custody, Related Businesses Outside of Japan

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State Street to Acquire Mizuho Global Custody, Related Businesses Outside of Japan

Feb 28, 2025 1:35 AM

04:09 AM EST, 02/28/2025 (MT Newswires) -- State Street (STT) has agreed to acquire Mizuho Financial Group's ( MFG ) global custody and related businesses outside of Japan, the companies said Friday.

Mizuho operates those business via its Mizuho Trust & Banking (Luxembourg) and Mizuho Bank (USA) units.

The deal is expected to close by Q4, subject to regulatory approvals.

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