Mizuho to expand U.S. investment banking business: chief

Employees, earnings more than doubled in decade but market has room to grow, Kihara says

Night falls over Manhattan. Mizuho Financial Group thinks the U.S. market has room for growth despite inflation pressures. © Reuters

YUTA SAITO, Nikkei staff writer

October 18, 2022 02:02 JST

WASHINGTON -- Mizuho Financial Group will expand its investment banking in the American market, President Masahiro Kihara tells Nikkei in an interview, seeing growth potential even as the Japanese lender works to mitigate risks from elevated U.S. inflation and interest rates.