Mizuho Financial Group and Lombard Odier have entered into a strategic alliance agreement with the aim of boosting the private banking offering and services to Japanese high net worth individuals.
Through the agreement, Mizuho Financial Group will be able to provide more wealth management services to Japanese high net worth clients by offering products that leverage the expertise and global network of Lombard Odier.
As well as providing new products and services, Mizuho Financial Group and Lombard Odier will further enhance their client servicing through personnel exchanges between the two financial institutions and the participation of Mizuho employees in Lombard Odier’s training programmes.
The strategic alliance builds on an existing relationship between their respective Singapore subsidiaries forged in 2018.
The firms said in a statement: “Mizuho Financial Group and Lombard Odier will continue to provide a bespoke level of excellence in private wealth management to leading Japanese families and entrepreneurs that is specifically tailored to holistically meet their global investment and private banking needs, not just today, but for future generations.”