Daiwa Pauses M&A Hiring as Tariff Uncertainty Chokes Deal Flow
By and Ryo Horiuchi
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Daiwa Securities Group Inc. boss Akihiko Ogino said the Japan brokerage won't be pushing to add staff working on mergers and acquisitions, providing a downbeat assessment on the impact to dealmaking from US President Donald Trump's trade policy.
'We had originally planned to steadily increase the headcount, but I have issued an instruction to hold it for a bit,' Ogino said in a recent interview.
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