ICICI Securities, the investment banking arm of ICICI Bank, has entered into a strategic alliance with GCA Savvian Corporation, a leading Japanese independent investment bank, to jointly pursue M&A opportunities in India and Japan. The alliance will enhance both ICICI Securities and GCA Savvian's respective M&A offerings by leveraging each bank's M&A advisory capabilities, deep understanding of local markets as well as their long-standing corporate relationships within those markets to offer high quality advice to clients.
ICICI Securities is a leading full service investment bank with operations in equity markets, corporate finance, M&A advisory services. It has consistently been among top 3 Indian mid-market focused M&A advisory firms. On the other hand, GCA Savvian is a global firm headquartered in Tokyo, Japan and San Francisco, USA providing M&A and capital raising advisory services. It is widely recognized as the leader in cross-border M&A with Japan.
ICICI Bank is India's largest private sector bank and the second largest bank in the country, with consolidated total assets of $122 billion at December 31, 2012. The Bank’s presence currently spans 19 countries, including India.
