Daiwa Capital Markets, the investment banking arm of Japanese brokerage and financial services company Daiwa Securities Group, has hired three senior bankers for its investment banking team in Asia.
According to a release, Mathew Welch, formerly with ING, has joined the financial institutions group FIG as head of banks Marco Arosti has moved across from Morgan Stanley to become head of general industries and Gerard Gu has joined from Deutsche Bank as head of consumer retail. All three have the title of managing director, will focus on Asia-Pacific ex-Japan and started with Daiwa at the beginning of this month.
The appointments were announced in the same week as Daiwa said it had hired six...
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