Merrill Lynch has hired Yuka Tanaka, fixed-income structurer at Deutsche Bank in Tokyo, as a credit derivatives structurer in Tokyo, according to officials at the firm. Tanaka will primarily work on synthetic collateralized debt transactions and is a replacement for Hideyuki Kudo, who recently joined Dresdner Kleinwort Wasserstein as a senior credit derivatives structurer in Tokyo.
At Merrill, Tanaka reports to Toshiyuki Utemeta, managing director and head of the structured credit products group in Tokyo. Utemeta was on vacation and could not be reached. Seiko Adachi, spokeswoman at Deutsche Bank, did not return calls.
