CLSA Asia-Pacific Markets has pulled off a coup, hiring Mike Mayo to work with a newly hired team of analysts and associates to cover US financial stocks.
Mayo will join CLSA's US broker-dealer affiliate Calyon Securities (USA) in mid-April from Deutsche Bank, where he spent the past two years. He began his career at the US Federal Reserve in 1988 and has also worked for UBS, Lehman Brothers, Credit Suisse and Prudential.
Mayo will head the US financial research team which is intended to complement CLSA's existing banking sector coverage led by Daniel Tabbush. The new team will initiate coverage of between 30 and 40 US financial stocks, which represent approximately 20% of the total US market capitalisation.
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