Mizuho Ranks 3rd in Asia, Targets Top Spot in Investment Banking

Mizuho Asia investment banking ambitions are growing as the group targets the top spot in league tables by deepening M&A advisory and equity underwriting. Yutaka Nanjo, head of global investment banking at Mizuho Securities, said closer integration between banking and securities units in Asia and Europe will drive growth. In the US, where Mizuho bought Greenhill & Co. in 2023 and acquired North American loans from RBS earlier, the group now ranks 14th in fee income, surpassing MUFG, SMFG, and Nomura. Currently third in Asia-Pacific and 27th in Europe, Mizuho is banking on governance reforms and regional hiring to become the region’s leading dealmaker within the next decade.