NEW YORK—The Federal Reserve Bank of New York approved the application by Mizuho Bank (USA), New York, New York (“Applicant”), for prior approval of the Board of Governors of the Federal Reserve System to merge Mizuho Trust & Bank Co. (USA), New York, New York , with and into Applicant, pursuant to Section 18(c) of the Federal Deposit Insurance Act and, incident thereto, to establish a full-service branch at the home office of the former Mizuho Trust & Banking Co. (USA) pursuant to Section 9 of the Federal Reserve Act.
The Reserve Bank acted under authority delegated by the Board of Governors of the Federal Reserve System.