Mizuho pierces Nomura’s Japan bubble with big-ticket global IPOs

What happened: Mizuho Financial Group is taking a key role in Anthropic's Japanese listing, the third blockbuster deal in a row where it has secured a major part, competing with Nomura Holdings in Japan's equity capital market. Key numbers: Anthropic aims to raise as much as $3.5 billion from Japanese investors. Why it matters: The deal shows Mizuho can leverage its U.S. business success to compete in a market traditionally dominated by Nomura, where domestic deals have hit a drought.

Mizuho Financial Group is taking a key role in Anthropic's Japanese listing, the third blockbuster deal in a row where it has secured a major part, competing with Nomura Holdings in Japan's equity capital market.

The deal shows Mizuho can leverage its U.S. business success to compete in a market traditionally dominated by Nomura, where domestic deals have hit a drought.