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Retail Banking

Staff Reporter

, Japan

Published:

11 months ago

Photo by Clem Onojeghuo from Unsplash

Mizuho Securities US aims for 100 hires by next year

The Japan-headquartered company said it aims to expand its workforce by 30% by 2026.

Mizuho Financial Group’s securities arm, Mizuho Securities is expanding its hiring efforts in the US to solidify its position among the leading stock and bond underwriters in the market, according to Bloomberg.

The US division of the Japanese bank aims to add over 100 professionals to its investment banking and trading business by March 2024, as stated by Yoshiro Hamamoto, chief executive officer (CEO) of Mizuho Securities.

Mizuho has prioritised global corporate and investment banking as a key area of growth in its new strategy. In line with this, the bank has acquired boutique firm Greenhill and is allocating additional resources to the Americas.

ALSO READ: Mizuho Bank inks MOU with Morocco’s Attijariwafa Bank for ESG collaboration

Mizuho Securities USA aims to expand its workforce by 30% by March 2026, according to Hamamoto. The unit hired 941 individuals as of the end of March.

Read more from Bloomberg.

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