Daiwa hires European Central Bank Economist
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Caroline Klein, Communication & Marketing
Daiwa Capital Markets Europe Limited
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19 April 2011
Daiwa Capital Markets (Daiwa), the investment banking arm of leading Japanese brokerage Daiwa Securities Group, has hired a former European Central Bank (ECB) economist as part of its strategy to strengthen its global research offerings. Tobias Blattner joins Daiwa as European Economist, based in London, reporting directly to Chris Scicluna, Deputy Head of Economic Research.
Blattner will be responsible for analysing and forecasting euro area economies and financial markets, as well as assessing euro area imbalances, vulnerabilities and competitiveness developments. He will also provide input to the assessment of the economic situation in, and the outlook for, other major economies.
Prior to joining Daiwa, Blattner spent more than seven years at the ECB in Frankfurt, where he served as an Economist in the Monetary Policy Strategy Division, advising on issues related to the implementation and effectiveness of the ECB’s monetary policy strategy. He previously briefed on developments in foreign exchange markets as well as international trade and capital flows. He holds a Masters degree in Economics from the Free University Berlin.
Grant Lewis, Managing Director and Head of Economic Research Europe, commented: “Tobias’ arrival marks another step in the upgrading of Daiwa’s Research function as it seeks to build on its global reputation for research excellence. His in-depth knowledge of the European policy-making process will significantly enhance Daiwa’s analysis of the euro area economy at a time when the economic and monetary policy outlook, as well as events at the periphery, is attracting ever-greater investor interest.”
Note to editors:
Daiwa Capital Markets (www.daiwacm.com/uk) is the wholly-owned investment banking arm of Daiwa Securities Group. The award winning firm has more than 4,000 employees worldwide and provides integrated financial services including brokerage, derivatives, capital raising, IPOs, M&A and other creative financial solutions to clients through a network of more than 20 offices across Asia, the Middle East, Europe, North America. Corporate finance and M&A advisory services are provided in Europe through DC Advisory Partners (www.dcadvisorypartners.com), a wholly owned subsidiary of Daiwa Capital Markets Europe Limited.
Daiwa Securities Group (www.daiwa-grp.jp/english) is one of the largest brokerage and banking groups in Japan and employs approximately 16,000 professionals worldwide providing comprehensive financial services, including retail brokerage, investment banking and asset management. Daiwa Securities Group has been in continuous operation in the financial services industry since 1902.