JP Morgan has named Doug Howland as its head of equity distribution for Japan in a newly created position, and also hired equity capital markets veteran Naohisa Ando from Nomura.
The US bank’s move to bolster its Japanese team comes as investor interest in Japanese stock markets has surged following the government’s fiscal and monetary stimulus earlier this year.
Japan’s investment banking revenue accounted for 31% of all Asia Pacific deal revenues in the year to date, up from 23% a year earlier and the highest level on record for the period, according to data provider Dealogic. Equity capital market teams drove the increase, while M...
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