CIBC World Markets and Ichiyoshi Securities Co., Ltd. have entered into a partnership to offer investment banking services focused on merger, acquisition and securitization services to Ichiyoshi Securities’ clients in Japan.

The partnership includes co-operation on domestic and cross-border, management and administration services, including the exchange of personnel and research.

CIBC World Markets says it believes that its investment banking expertise across a broad spectrum of industries is expected to be of significant value to Ichiyoshi Securities’ clients.

“We’re very excited about this opportunity to offer our global management and administration advisory and securitization skills to clients of a leading securities firm in the Japanese mid-cap market,” said David Kassie, chairman and chief executive officer of CIBC World Markets.

“We have established an excellent relationship with Ichiyoshi Securities, and are confident that this alliance will benefit both Ichiyoshi Securities’ clients in Japan as well as our clients throughout the world.”

Earlier this year, CIBC World Markets entered into a strategic partnership with Credit Lyonnais Securities Asia to provide cross-border advisory and capital markets services for clients in Asia outside Japan.

“From a strategic perspective, this alliance gives us a significant opportunity to extend our current base of strengths into the second largest economy in the world,” said Kassie. “Moreover, Ichiyoshi Securities’ success with small to medium-sized growth companies in Japan suggests increasing opportunity when the domestic economy recovers.”