Mizuho Financial Group is a major financial services company in Japan and has a presence in over 35 countries. The Tokyo-based company is active in businesses such as banking and securities, trust and asset management, credit cards, private banking and venture capital services. The group was incorporated in 2000 through a holding company comprising Dai-Ichi Kangyo Bank, Fuji Bank and the Industrial Bank of Japan. Its Mizuho Corporate Bank unit has pioneered syndicated Asian loans for Latin American institutions. Since 2009, the New York branch of the Japanese banking giant has arranged deals for the biggest players in the region, including Cencosud, Pemex, Braskem, Ternium and Odebrecht. The bank has operations in the US, Canada, Mexico, Chile, and Brazil, where in 2012 it acquired the corporate banking subsidiary of German state-backed lender WestLB.