Daiwa expands ETF and derivatives business

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Daiwa Capital Markets has appointed Jimmy Kan as global head of derivatives structuring, a newly created role covering ETFs and other asset classes.

Kan is based in Tokyo and reports into the fixed income, equities and commodity derivatives product lines, as well as the global head of derivatives Dominique Blanchard. Prior to joining Daiwa, Kan was head of global markets structuring and fixed income at Deutsche Securities in Tokyo. He was previously head of fixed income derivatives structuring and head of equities derivatives sales and structuring at Lehman Brothers Japan, from 2004 until 2008. The latest appointment follows a range of senior hires by Daiwa over the last few months, including Adam Cowperthwaite, who was hired a...

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