Mizuho Plans More Dealmaking to Be Top Asia Investment Bank (1)

Mizuho Financial Group Inc. is aiming to become Asia’s top investment bank in as early as five years by bolstering equity underwriting and M&A advisory, seeking to replicate the headway the firm has made in the US.

Japan’s third-largest financial group plans to deepen ties between its banking and securities units in Asia and Europe in order to boost revenues, Yutaka Nanjo, head of global investment banking at Mizuho Securities, said in an interview. In the US, Mizuho wants to further leapfrog rivals to rank regularly in the top 10 for investment banking, Nanjo said.

Yutaka Nanjo

Photographer: Ryo Horiuchi/Bloomberg

“In the US, ...