Partner up or perish: Why Japan’s regional banks are racing to consolidate
New tie-ups in Tohoku and Kansai highlight growing pressure on Japan's regional banks to defend deposits and cut costs.
November 03, 2026
Salomon Smith Barney has announced the appointment of Ajay Kapur as its new managing director and head of Asia-Pacific regional strategy research. Kapur joins the bank from Morgan Stanley, and brings along with him his two-person team, Narendra Singh, vice president, and Elaine Chu, analyst.
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