Deutsche Bank hires former Mizuho chief strategist Shoki Omori

Glonghui, June 29 — Japan's $7.2 trillion government bond market is recovering, and banks are competing to expand their teams of specialized professionals. Deutsche Bank has hired former Mizuho Financial Group fixed income strategist Shoki Omori in Tokyo. According to an internal memo obtained by media, which was also confirmed by a spokesperson for the bank, Shoki Omori has joined the local Japanese asset management unit of the German investment bank, serving as a fixed income strategist. He will be responsible for research and analysis of the Japanese interest rate market for both domestic and overseas clients. Previously, Shoki Omori worked at Mizuho’s core securities subsidiary as chief desk strategist of the fixed income trading department, mainly responsible for designing and recommending yen interest rate-related trading strategies. He also spent many years at a brokerage jointly controlled by Morgan Stanley and Mitsubishi UFJ Financial Group.