Jefferies Group LLC hired Takaki Nakanishi, the former top-ranked auto analyst at Bank of America Corp.’s Merrill Lynch, as a senior equity research analyst covering the sector in Japan.
SMBC Nikko Securities Inc., the investment banking unit of Sumitomo Mitsui Financial Group Inc., hired top-ranked Japanese auto parts analyst Kunihiro Matsumoto from UBS AG.
Deutsche Bank AG stopped equity coverage on 11 out of 27 Japanese industries, the brokerage said in a note to clients today, citing “organizational changes.”
Japan’s biggest opposition party said it will reject Prime Minister Yoshihiko Noda’s central bank nominee as lawmakers press for a more aggressive monetary policy to spur growth and end deflation.
Takaki Nakanishi, head of Asia- Pacific automotive research at Bank of America Corp.’s Merrill Lynch, is departing the firm, two people familiar with the matter said.
Mizuho Research Institute Ltd. has appointed Hajime Takata as its managing executive officer and chief economist.
Kouichi Niwa, an equity analyst at Mizuho Securities Co., will leave the brokerage on Sept. 16, said Toshimitsu Okano, a Tokyo-based company spokesman.
Deutsche Bank AG said it will hire brokerage analyst Masao Muraki from Daiwa Securities Group Inc. as Germany’s largest lender expands equity coverage in Japan.
Deutsche Bank AG said it hired Taisuke Tanaka, a former chief currency strategist at Nomura Securities Co.
Koji Fukaya , a former senior currency strategist at Deutsche Bank AG, will start today as chief currency strategist at Credit Suisse Group AG in Tokyo.