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Derivatives

WestLB Nabs CSFB Marketer

WestLB Securities Pacific last week hired Susumu Nitta, equity derivatives marketer at Credit Suisse First Boston, as a director in a similar role for its Tokyo desk.

WestLB Securities Pacific last week hired Susumu Nitta, equity derivatives marketer at Credit Suisse First Boston, as a director in a similar role for its Tokyo desk. Kei Mitsui, executive director and head of sales at WestLB in Tokyo, said Nitta was brought aboard to enhance the firm's wholesale marketing effort and will focus on Japanese securities houses.

The German firm is also looking to boost the fixed income side of the business, with plans to add coverage for distributing European ABS and credit structures to clients in Japan, said Mitsui. Isamu Kajino, spokesman at CSFB, did not return calls.

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