Reported 1 day ago
Mizuho Financial Group's CEO, Masahiro Kihara, anticipates a significant increase in global mergers and acquisitions (M&A) driven by the incoming Trump administration's business-friendly policies. The Japanese bank, aiming to enhance its presence in the U.S. financial market, recently acquired boutique investment bank Greenhill & Co. for $550 million. Kihara believes this deal will facilitate cross-border transactions, particularly between the U.S. and Asia or Australia, and is optimistic about the overall growth of the M&A market, which saw a 15% increase this year. The bank is also focusing on expanding its transaction banking operations in Asia and monitoring economic conditions closely.
Source: YAHOO