TOKYO -- Japan's Mizuho Financial Group plans to acquire major Indian investment bank Avendus Capital, looking to establish a foothold in the country's growing capital market and expand its overseas investment banking business.
Financial group to use deal as steppingstone for overseas growth

The acquisition would be the first full-scale move into Indian investment banking by a Japanese bank. (Source photos by Nikkei and Reuters)
TOKYO -- Japan's Mizuho Financial Group plans to acquire major Indian investment bank Avendus Capital, looking to establish a foothold in the country's growing capital market and expand its overseas investment banking business.