Mizuho's Quest to Overcome Wall Street's Foreign Foray Curse
Mizuho, a Japanese bank, is aiming to overcome the historical challenges faced by foreign banks on Wall Street as it expands its presence in the US. Mizuho is focusing on building relationships with midsize companies and hopes to avoid the pitfalls that have plagued other foreign banks in the past. The bank is seeking to establish itself as a trusted advisor in mergers and acquisitions (M&A) and is taking a cautious approach to avoid the mistakes made by its predecessors.