Mizuho Securities (MHSC), a subsidiary of Japan-based Mizuho Financial and Maybank Investment Bank Berhad, a Malaysia-based investment bank, have signed a memorandum of understanding to form a strategic alliance.
As per the alliance Mizuho and Maybank will work together in areas such as primary and secondary markets, M&A advisory and Islamic markets. They aim to leverage their mutual expertise and global networks to further develop markets in Malaysia, Japan and other regions.
Moreover, the partnership is likely to form a platform to further develop businesses in the Asian region and foray into new markets to complement the growing global aspirations of the parent companies.
