Lehman Brothers has hired Takahiro Yamanashi, equity derivatives marketer at Shinko Securities Co. in Tokyo, to bulk up its effort. "We've had an increased workload," said Jeremy Kloiser-Jones, head of structured equity derivatives sales in Tokyo, explaining that activity has picked up in line with the underlying equity markets. Yamanashi reports to Kloiser-Jones.
Yamanashi said he joined Lehman to work for a major global player. Jones said no additional hires are planned for the coming months. "We're now in a holding pattern," said Jones.
At Shinko, Yamanashi reported to Shiniichi Fujimura, general manager of the structured finance department. Fujimura declined comment.