Mizuho International has declared itself ready to turn its European financial institutions debt business into one able to compete with the sector’s big guns, after recruiting the former head of HSBC’s market-leading team to oversee a raft of other recent senior hires and lead the push.

The arrival in September of Daniel Shore as head of financial institutions for Europe, the Middle East and Africa in the Japanese bank's DCM division, announced on August 11, will mark the final piece of the recruitment jigsaw as Mizuho International looks to climb the league tables for FIG debt underwriting in the region.