[THE INVESTOR] NH Investment & Securities, the nation’s second-largest brokerage, said on Aug. 31 it has agreed on a strategic partnership with Evercore, the US-based investment bank, to expand its global reach.

The two firms said they have extended their strategic alliance for cross-border mergers and acquisitions advisory services for an additional two year period. Under the legally binding alliance, they will share client information and profits from achievements. 



Established in 1995, the New York-based Evercore is the No. 1 independent banking advisory firm. Its accumulative advisory revenue is worth US$2 trillion.

NH Investment has also ramped up efforts to expand its global presence, operating two overseas branches -- in Hong Kong and Indonesia.

By Lee Ji-yoon (jylee@heraldcorp.com)