More losses from Daiwa DCM as bankers baulk at Brexit move

By Francesca Young, Lewis McLellan
03 Mar 2020

Two more bankers are leaving Daiwa Capital Markets Europe’s debt capital markets team, as the bank relocates staff to Frankfurt as part of plans to make sure it can continue to serve EU clients after Brexit.

Mathias Hultgren, who has been an executive director in Daiwa’s origination team for 10 years, was unable to find an agreement over moving from the London office to the Frankfurt office and is leaving the bank.

Hultgren was responsible for SSAs in the Nordic region, Germany, Austria, some ...

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