Mizuho Financial Group, which vaulted to the top spot among Japan’s mergers advisers this year by working with Japan Post Holdings and Itochu, plans to build on that position by hiring bankers in the U.S. and Asia.
Bloomberg News reports that as well as recruiting abroad, the company will consider moving employees from Japan, said Atsushi Yamamoto, who becomes head of M&A advisory at Mizuho Securities on April 1.
It will also step up cooperation with HSBC and Evercore Partners on cross-border mergers business, he said.
Mizuho is seeking to capitalize on Japan Inc.’s increasing appetite for overseas takeovers. Japanese companies have spent $39bn on acquisitions abroad in 2015, the quickest start to a year on record, as they shrug off a weaker yen to expand in faster-growing markets, data compiled by Bloomberg show.
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