Mizuho planning European expansion
Mizuho Corporate Bank is beefing up its investment banking business in Europe, Asia, the Middle East and Africa.
The Financial Times reports that chief executive, Hiroshi Saito wants to raise overseas business from 22% to 40% of the bank's overall revenues.
Peter Ryan, joint general manager of Mizuho Corporate Bank's London branch says, "Inevitably it will involve expanding the London office."
Mizuho's offering will include loan syndication, structured finance and M&A financing.
