logo
#

Latest news with #AkiraKiyota

Citigroup hires ex-Nomura veteran Kiyota, insider Nagasaka as Japan co-heads for investment banking
Citigroup hires ex-Nomura veteran Kiyota, insider Nagasaka as Japan co-heads for investment banking

CNA

timea day ago

  • Business
  • CNA

Citigroup hires ex-Nomura veteran Kiyota, insider Nagasaka as Japan co-heads for investment banking

Citigroup Inc has hired veteran investment banker Akira Kiyota from Nomura Holdings Inc and promoted insider Taiji Nagasaka as co-heads of investment banking for Japan, it said on Tuesday. The appointments, effective October 1, underscore a push by Wall Street banks to expand their presence in Japan after a rebound in M&A activity and as companies pursue strategic deals in a more favourable interest rate environment. Japan became the largest market for private equity deals in Asia-Pacific last year accounting for 30 per cent of the region's total deal value, largely driven by take-private deals, according to a report by consultancy Bain & Co. That compares to a much smaller figure of 5 per cent to 10 per cent historically. Kiyota has worked at Nomura, Japan's biggest investment bank and brokerage, for over two decades and was most recently senior managing director and global head of mergers and acquisitions. Nagasaka currently serves as Citigroup's Japan head of investment banking products and equity capital markets. In a related move, Masuo Fukuda will assume the expanded role of vice chair for Japan and Asia North investment banking while retaining his existing position as vice chair of Citi Japan.

Citigroup hires ex-Nomura veteran Kiyota, insider Nagasaka as Japan co-heads for investment banking
Citigroup hires ex-Nomura veteran Kiyota, insider Nagasaka as Japan co-heads for investment banking

Reuters

timea day ago

  • Business
  • Reuters

Citigroup hires ex-Nomura veteran Kiyota, insider Nagasaka as Japan co-heads for investment banking

July 1 (Reuters) - Citigroup Inc (C.N), opens new tab has hired veteran investment banker Akira Kiyota from Nomura Holdings Inc (8604.T), opens new tab and promoted insider Taiji Nagasaka as co-heads of investment banking for Japan, it said on Tuesday. The appointments, effective October 1, underscore a push by Wall Street banks to expand their presence in Japan after a rebound in M&A activity and as companies pursue strategic deals in a more favourable interest rate environment. Japan became the largest market for private equity deals in Asia-Pacific last year accounting for 30% of the region's total deal value, largely driven by take-private deals, according to a report by consultancy Bain & Co. That compares to a much smaller figure of 5% to 10% historically. Kiyota has worked at Nomura, Japan's biggest investment bank and brokerage, for over two decades and was most recently senior managing director and global head of mergers and acquisitions. Nagasaka currently serves as Citigroup's Japan head of investment banking products and equity capital markets. In a related move, Masuo Fukuda will assume the expanded role of vice chair for Japan and Asia North investment banking while retaining his existing position as vice chair of Citi Japan. The hires come as many firms add senior bankers to their Tokyo operations to capture opportunities in the world's fourth-largest economy.

Citigroup hires ex-Nomura veteran Kiyota, insider Nagasaka as Japan co-heads for investment banking
Citigroup hires ex-Nomura veteran Kiyota, insider Nagasaka as Japan co-heads for investment banking

Yahoo

timea day ago

  • Business
  • Yahoo

Citigroup hires ex-Nomura veteran Kiyota, insider Nagasaka as Japan co-heads for investment banking

(Reuters) -Citigroup Inc has hired veteran investment banker Akira Kiyota from Nomura Holdings Inc and promoted insider Taiji Nagasaka as co-heads of investment banking for Japan, it said on Tuesday. The appointments, effective October 1, underscore a push by Wall Street banks to expand their presence in Japan after a rebound in M&A activity and as companies pursue strategic deals in a more favourable interest rate environment. Japan became the largest market for private equity deals in Asia-Pacific last year accounting for 30% of the region's total deal value, largely driven by take-private deals, according to a report by consultancy Bain & Co. That compares to a much smaller figure of 5% to 10% historically. Kiyota has worked at Nomura, Japan's biggest investment bank and brokerage, for over two decades and was most recently senior managing director and global head of mergers and acquisitions. Nagasaka currently serves as Citigroup's Japan head of investment banking products and equity capital markets. In a related move, Masuo Fukuda will assume the expanded role of vice chair for Japan and Asia North investment banking while retaining his existing position as vice chair of Citi Japan. The hires come as many firms add senior bankers to their Tokyo operations to capture opportunities in the world's fourth-largest economy.

Citigroup Hires Ex-Nomura Executive for Japan Investment Banking
Citigroup Hires Ex-Nomura Executive for Japan Investment Banking

Bloomberg

timea day ago

  • Business
  • Bloomberg

Citigroup Hires Ex-Nomura Executive for Japan Investment Banking

Citigroup Inc. hired veteran investment banker Akira Kiyota from Nomura Holdings Inc., the latest sign of competition for talent among global financial firms as they seek to benefit from Japan's dealmaking boom. The former Nomura Securities Co. senior managing director will become co-head of investment banking for Japan in October, according to an internal memo seen by Bloomberg. Kiyota will share the post with Taiji Nagasaka, currently Citigroup's Japan head of investment banking products and stock underwriting.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store