TMCnet News
Barclays Japanese recruiting drive(Evening Standard (London) Via Acquire Media NewsEdge) Jan. 9--Barclays has boosted its Japanese business with 10 new staff, including former bankers at Nomura and Lehman Brothers. Hideaki Sunaga, former head of European investment banking at Nomura, will be in charge of corporate finance and mergers advice as co-head of investment banking in Japan. Barclays bought bankrupt Lehman's US businesses last year while Nomura acquired its Asian and European operations. Barclays is bucking the trend in Japan, where rivals such as Goldman Sachs, Deutsche Bank and Credit Suisse have been sacking staff as the recession worsens. "The financial crisis won't continue forever, and it's a good investment opportunity to strengthen our commitment in Japan," Barclays Capital Japan chief executive Eiji Nakai said. To see more of the Evening Standard, or to subscribe to the newspaper, go to http://www.thisislondon.co.uk. Copyright (c) 2009, Evening Standard, London Distributed by McClatchy-Tribune Information Services. For reprints, email [email protected], call 800-374-7985 or 847-635-6550, send a fax to 847-635-6968, or write to The Permissions Group Inc., 1247 Milwaukee Ave., Suite 303, Glenview, IL 60025, USA. |