Mizuho Teams Up With Lombard Odier to Target Japan’s Super Rich

  • Japan firm seeks to leverage Odier’s private-banking expertise
  • Odier has been expanding banking alliances across Asia
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Mizuho Financial Group Inc. struck a business alliance with Lombard Odier to boost its private-banking operation serving Japan’s rich clients.

Details of the tie-up are still being worked out, though Mizuho’s customers will be given access to the Swiss firm’s products and services, according to a joint statement Thursday from Mizuho and the Japanese unit of Lombard Odier.