Bank of America has hired Fujita Hideyuki, interest rate derivatives trader at Shinsei Bank in Tokyo, for its Japanese interest rate trading desk. Hideyuki confirmed the move, but declined further comment. He reports to Michael Thorson, head of interest rate derivatives trading in Tokyo, who did not return calls.
Market officials said Hideyuki was brought in to help rebuild the firm's trading presence after Chris Hodson, managing director and head of interest rate trading in Tokyo, moved to Chicago earlier this year (DW, 2/23). Yoshi Nakagawa, spokesman at Shinsei, declined comment.
Hideyuki joined the Japanese bank in 2001 to set up an interest rate trading platform (DW, 8/5/01).
