Carsten returns to Asia

CSFB brings Carsten Stoehr back to the region to resurrect its Japanese debt business.

Half-Japanese banker, Carsten Stoehr will return to the region in January to run CSFB's Japanese fixed income sales and trading operations. Formerly Asian debt capital markets head, Stoehr left the region in early 2003 to become head of DCM for Europe.

The decision to relocate him to Tokyo coincides with a significant change in Japanese regulations that allows brokers in Japan to book derivatives trades done onshore into offshore affiliates.

CSFB has just resumed onshore yen swap trading, and plans to bring other derivatives trading books back to Japan. Under Stoehr's leadership it will try and rebuild its Japanese fixed income business.

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