Deutsche Securities in Tokyo, part of the Deutsche Bank group, has hired Yukio Egawa as head of Japanese securitization research, a newly created position. The position was created to complement the securitization business Deutsche Securities is building in Japan, a firm spokeswoman says. Egawa joins from Credit Suisse First Boston in Tokyo where he covered securitization as well as financial institutions and government-sponsored agencies. He reports to Karen Weaver, managing director and global head of securitization research.