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Published on 9/27/2011 in the Prospect News Convertibles Daily.

Mizuho Securities adds two new directors in convertibles department

By Tali David

Minneapolis, Sept. 27 - Mizuho Securities USA, the U.S. broker-dealer subsidiary of the global Mizuho Financial Group, announced through a news release the additions of Thomas J. Fazio and John S. Thomas as directors in the convertible securities department.

With more than 40 years of combined convertible securities experience, Fazio and Thomas bring extensive knowledge and relationships to the company's expanding convertible platform, according to the release.

Robert Betack, executive managing director of the Equity Division, said in the release, "The addition of Tom and John to MSUSA's convertible securities team will enhance the array of primary market funding, investment and hedging services we provide to the firm's Fortune 1000 corporate clients by expanding our secondary market sales and trading capabilities."

Fazio has more than 20 years of convertible product experience, according to the release. Most recently he was a senior convertibles trader at Cantor Fitzgerald, Merrill Lynch and Jefferies & Co. Before becoming a trader, he held senior positions as a convertible securities salesman at Grantchester Securities, where he was a founding partner, and BT Alex Brown & Sons.

Thomas spent the past 17 years at Citigroup as a director in the convertible sales department, in addition to two years as a director in the equity sales department.


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