Mizuho plans to bulk up US M&A advisory, equity underwriting

Photo: Bloomberg

Mizuho Financial Group plans to beef up its U.S. operations for M&A advisory and equity underwriting, its chief executive said, as Japan’s No. 3 lender aims to grab a bigger share of the world’s largest investment banking fee pool.

The latest U.S. drive comes after Mizuho in recent years bolstered its debt underwriting capabilities there following the 2015 acquisition of Royal Bank of Scotland’s North American corporate loan portfolio.

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