Daiwa appoints new Debt Capital Markets and Fixed Income management
Published: Wed, 28 Jul 2010
[CDATA[ July 28th (London) - Daiwa Capital Markets, the investment banking arm of leading Japanese brokerage Daiwa Securities Group, today appointed Chris Brown as its Deputy Head of Fixed Income for Europe & the Middle East, a newly created role. In addition, the firm announced the appointment of Vince Purton as Head of Debt Capital Markets (DCM) for the region. The appointments are an integral part of Daiwa’s strategy to strengthen management within these markets and follow on from the appointment of new Heads of Fixed Income for Korea and India last week. Brown takes up the London-based role following close to 10 years with Daiwa, most recently in Singapore as Managing Director, where he successfully oversaw the growth of its Asian fixed income franchise across product lines. Prior to joining Daiwa, Brown worked at Sakura Finance as Head of Sales and his experience includes senior positions at Paine Webber and NatWest Capital Markets. As part of his role Brown will also manage the firm’s syndicate desk, following the departure of previous desk head Stephen Apted. Brown reports to Keith Meekins, Head of Fixed Income and a member of Daiwa Europe’s Executive Committee. Purton, who is also based in London, steps up following...... (read more) ]]...
Published: Mon, 05 Jul 2010
[CDATA[ Daiwa Capital Markets (Daiwa), the investment banking arm of leading Japanese brokerage and financial services company Daiwa Securities Group, is acquiring the global convertible bonds and Asian equity derivatives business lines of Belgium’s KBC Group NV for a total consideration of approximately $1billion, consisting of approximately $0.2 billion for staff, IT infrastructure and other assets (excluding the trading position) and approximately $0.8 billion for the trading position. The acquisition, which is subject to regulatory approval, forms a major part of Daiwa’s strategy to build a leading global derivatives business centred on Asia. The units being acquired by Daiwa are leading specialists in equity-linked derivatives and global convertible bonds, representing an excellent strategic fit with Daiwa’s desire to further diversify its earnings streams, across regions and products. Through the acquisition Daiwa’s clients now have access to market leading platforms in the convertible bonds and Asian equity derivatives markets. The global convertible bonds business, which operates from offices in Hong Kong, London and New York, offers a complete range of secondary market services for issuers and investors across the global universe of convertible bonds, counting some 350 clients across 25 countries. It is one of the top ranked convertible bond houses, providing competitive...... (read more) ]]...
Daiwa and EBRD team up to issue microfinance bonds
Published: Thu, 20 May 2010
[CDATA[ Daiwa Securities Group and The European Bank for Reconstruction and Development (“EBRD”) are planning an issue of EBRD microfinance bonds that will support the development of micro and small enterprises (MSEs) in the EBRD’s countries of operations.The funding will be raised under the EBRD’s Global Medium Term Note Program. Proceeds will support EBRD operations that fund financial institutions which provide microfinance to small businesses. The inaugural issuance of EBRD’s Microfinance Bonds will be arranged by Daiwa Capital Markets and distributed by Daiwa Securities Co. Ltd. to Japanese retail and institutional investors. Full details are on the joint press release here.Note to editors: Daiwa Capital Markets Europe Limited is a wholly owned subsidiary of Daiwa Securities Capital Markets Co Ltd, the investment banking arm of Daiwa Securities Group. Daiwa Capital Markets Europe Limited offers a wide range of services from its main business areas: • Equity • Fixed Income • Derivatives • Debt & Equity Capital Markets Corporate Finance and M&A advisory services are provided in Europe by our subsidiary, DC Advisory Partners... (read more) ]]...
Introducing DC Advisory Partners - the new name for Close Brothers Corporate Finance
Published: Tue, 11 May 2010
[CDATA[ Close Brothers Corporate Finance (Holdings) Limited, the holding company for one of Europe’s leading corporate finance firms, has been renamed Daiwa Corporate Advisory Partners Limited. Its operating companies are, accordingly, rebranded DC Advisory Partners. The renaming follows Daiwa Capital Markets’ acquisition of the firm last year. The new website that has been launched by DC Advisory Partners following the rebranding can be seen here. The full press release regarding Daiwa’s acquisition of the firm can be seen here. Headquartered in London, DC Advisory Partners has a strong European and regional presence, employing more than 200 staff across offices in Barcelona, Frankfurt, Lyon, Madrid, Manchester, Paris, Warsaw and Zurich. As a 100% subsidiary of Daiwa Capital Markets Europe it offers advice across • Mergers and acquisitions• Debt raisings• Restructuring• IPO advice• Advising financial sponsors Web: www.dcadvisorypartners.comTel: +44 (0) 20 7856 0999 (Headquarters) Note to editors: Daiwa Capital Markets Europe Limited is a wholly owned subsidiary of Daiwa Securities Capital Markets Co Ltd, the investment banking arm of Daiwa Securities Group. Daiwa Capital Markets Europe Limited offers a wide range of services from its main business areas: • Equity • Fixed Income • Derivatives • Debt & Equity Capital Markets Corporate Finance and M&A advisory services are...... (read more) ]]...
Daiwa Securities Group Inc. posts results
Published: Fri, 29 Jan 2010
[CDATA[ Daiwa Securities Group Inc., the parent company of Daiwa Capital Markets, today reported results for the third quarter, posting Y26.36 billion ($293 million) of net income for the three months ending December 31 2009, compared with a loss of Y53 billion yen a year earlier. This is the company’s biggest quarterly profit in two years and the third consecutive quarter of net profit. Solid performance from trading and investment banking operations contributed to the result. Full details of the Group's results are available here with the wholesale results of Daiwa Capital Markets available here.Note to editors: Daiwa Capital Markets Europe Limited is a wholly owned subsidiary of Daiwa Securities Capital Markets Co Ltd, the investment banking arm of Daiwa Securities Group. Daiwa Capital Markets Europe Limited offers a wide range of services from its main business areas: • Equity • Fixed Income • Derivatives • Debt & Equity Capital Markets Corporate Finance and M&A advisory services are provided in Europe by our subsidiary, Close Brothers Corporate Finance... (read more) ]]...
Daiwa Capital Markets named Best Lead Manager of Yen Bonds
Published: Mon, 18 Jan 2010
[CDATA[ Daiwa Capital Markets (Daiwa) has won EuroWeek’s prestigious "Best Lead Manager of Yen Bonds" Award for the fourth consecutive year, further reinforcing its position as the leading investment bank for Asian financial markets. The firm also won first place in the “Yen Deal of the Year” category, for its role in the Westpac Samurai deal of February 2009. The accolades, which are published in the magazine’s review of the Year 2009, recognise excellence and innovation during the past year and are voted for by peers, demonstrating Daiwa’s leading position in the capital markets. Keith Meekins, Head of Fixed Income at Daiwa Capital Markets Europe, commented: “Being honoured in this way for a fourth year running is clearly a major achievement. Thanks to the team’s unwavering commitment amid challenging markets we have continued to deliver for our clients and I am confident we will continue to do so throughout 2010.” Sam Amalou, Head of Debt Capital Markets (DCM) at Daiwa Capital Markets Europe, added: “EuroWeek has once again recognised our leading position in the Yen market and I’d like to thank the DCM team for their hard work, as well as the firms that voted for us. 2010 is already shaping up to be...... (read more) ]]...
Daiwa arranges first World Bank Green Bonds for Japan
Published: Mon, 18 Jan 2010
[CDATA[ The World Bank and Daiwa Securities Group today announced final terms for the World Bank's inaugural issuance of green bonds designed specifically for investors in Japan. World Bank green bonds support projects in the World Bank's member countries that meet specific criteria for low-carbon development. This issuance was arranged by Daiwa Capital Markets and distributed by Daiwa Securities Co Ltd. For further details, please see the full press release here.Note to editors: Daiwa Capital Markets Europe Limited is a wholly owned subsidiary of Daiwa Securities Capital Markets Co Ltd, the investment banking arm of Daiwa Securities Group. Daiwa Capital Markets Europe Limited offers a wide range of services from its main business areas: • Equity • Fixed Income • Derivatives • Debt & Equity Capital Markets Corporate Finance and M&A advisory services are provided in Europe by our subsidiary, Close Brothers Corporate Finance... (read more) ]]...
Introducing Daiwa Capital Markets
Published: Mon, 04 Jan 2010
[CDATA[ On January 1st 2010, Daiwa Securities Group Inc acquired Sumitomo Mitsui Financial Group's 40% minority stake in their investment banking joint venture, Daiwa Securities SMBC. Following this change, the firm has been renamed and is now globally branded as Daiwa Capital Markets. The European company name is Daiwa Capital Markets Europe Limited. The full press release issued by the parent company, Daiwa Securities Capital Markets Co Ltd, is available here.Note to editors: Daiwa Capital Markets Europe Limited is a wholly owned subsidiary of Daiwa Securities Capital Markets Co Ltd, the investment banking arm of Daiwa Securities Group. Daiwa Capital Markets Europe Limited offers a wide range of services from its main business areas: • Equity • Fixed Income • Derivatives • Debt & Equity Capital Markets Corporate Finance and M&A advisory services are provided in Europe by our subsidiary, Close Brothers Corporate Finance... (read more) ]]...
Daiwa set to roll out next generation Electronic Trading Platform in Asia
Published: Fri, 11 Dec 2009
[CDATA[ Daiwa Securities SMBC (Daiwa), which will be renamed Daiwa Capital Markets on January 1st 2010, today announced the launch of its electronic trading platform in Asia for cash and listed derivatives. The Japanese investment bank will offer institutional clients globally the ability to trade in Australia, Hong Kong, Korea, Singapore, India and Taiwan through a suite of advanced electronic trading tools including algorithmic trading, crossing engine, Direct Market Access (DMA) trading and smart order router (SOR). Daiwa has committed significant resources to building a first class electronic trading platform and plans to hire an additional dozen professionals in Japan and Hong Kong to serve clients across the region. “The demand for electronic trading strategies has increased drastically in the last few years as more buy-side clients opt for the unbundling of research and execution to achieve better efficiency and lower transaction costs,” said Punit Mittal, Daiwa’s Global Head of Electronic Trading. Following the launch of Daiwa AlgoRithmic Trading this year, Daiwa will be rolling out the next generation crossing platform and SOR with the ability to sweep liquidity across all available execution venues in early 2010. “Helping clients enhance liquidity management is a key focus for...... (read more) ]]...
Daiwa Securities SMBC appoints new Chairman and CEO for European operations
Published: Thu, 12 Nov 2009
[CDATA[ Masami Tada has been appointed Chairman and Chief Executive Officer of Daiwa Securities SMBC Europe Limited, the European arm of leading Japanese investment bank Daiwa Securities SMBC Co. Ltd. He joins the European head office in London from Daiwa Fund Consulting, the financial consulting and investment advisory arm of the Daiwa group of companies. Mr Tada joined Daiwa Securities in 1983 and has held a number of prominent roles in both Japan and Europe. Amongst other roles he has been Executive Officer of Investment Banking at Daiwa Securities SMBC, Osaka Branch, and Head of Equity Sales for Daiwa Securities SMBC in Tokyo. His international experience includes assignments in Germany and The Netherlands, and heading the Equity Division for Daiwa Europe in London. “I am excited by the further prospects of our European business, which has been growing in a number of important areas during the past 18 months,” Mr Tada commented. “Thanks to the build up of our global derivatives platform, based out of our European offices, the acquisition of Close Brothers Corporate Finance and the creation of our Asian Equity Sales desk, Daiwa Europe is in an enviable position to provide clients with an impressive array of investment banking services. Our challenge...... (read more) ]]...
Published: Fri, 06 Nov 2009
[CDATA[ Tokyo - On November 6, 2009, Republic of Poland (“Poland”) successfully revisited the Samurai bond market with the pricing of its eighth and ninth Samurai bond issues. The single A rated public Samurai transaction, via Joint Bookrunners Daiwa Securities SMBC Co. Ltd, Mizuho Securities Co Ltd and Nomura Securities Co. Ltd had a total issue size of JPY 44.8 billion. The dual-tranche, three-year and five-year offering was well received by investors. The Samurai bond issues were launched with the following terms and conditions: Issuer Republic of Poland Rating A2 (Moody’s) / A- (JCR) Series #8 #9 Issue Size ¥23.3 Billion ¥ 21.5 Billion Maturity 13th November 2012 13th November 2014 Coupon (s.a) 1.92% 2.34% Issue Price 100% 100% Re-Offer Yield 1.92% 2.34% Re-Offer Yield Spread Reference ¥L+120 bps ¥L+140 bps Lead Managers Daiwa Securities SMBC Co., Ltd Mizuho Securities Co., Ltd Nomura Securities Co., Ltd Fiscal Agent Sumitomo Mitsui Banking Corporation The transaction follows a Tokyo roadshow last week comprising a group presentation and a series of one-on-one investor meetings by a senior delegation from the Ministry of Finance and National Bank of Poland headed by Dominik Radziwill, Undersecretary of State. The issue was placed overwhelmingly with Japanese institutional investors - both repeat investors from Poland’s previous issues and also accounts buying the credit for the first time. Particularly pleasing was the positive impact on the book of the marketing trip...... (read more) ]]...
Daiwa Securities Group Inc to re-name investment banking arm Daiwa Capital Markets
Published: Thu, 05 Nov 2009
[CDATA[ From January 1st 2010 Daiwa Securities SMBC, the investment banking arm of Daiwa Securities Group (the Group), will be known as Daiwa Capital Markets (in Japanese 大和証券キャピタル・マーケッツ株式会社). The unit will be renamed following the Group’s purchase of SMBC’s 40% minority stake in the firm on December 31st 2009. A Japanese press release is available here. As the wholesale arm of the Group, the firm will continue to operate as an award winning investment bank that targets “sustained growth based on customer trust”. In conjunction with the retail business of the Group, the firm will leverage its strength as a full-service investment bank and its strong client base to provide the best possible services for its clients, contributing towards the development of the global capital markets. Mr Eishu Kosuge, European Chairman & CEO commented, “This marks a significant milestone in our firm’s history. For more than a century we have been at the forefront of the Japanese securities market, and our name change signals our continued commitment to connecting clients with capital markets – something that has long been our core strength. Using our global network, and focusing particularly on the fast growing Asian region, we will continue...... (read more) ]]...
Daiwa Securities SMBC Europe Ltd. appoints Stephen Krag to the Board of Directors
Published: Sun, 04 Oct 2009
[CDATA[ Daiwa Securities SMBC Europe Limited ("Daiwa SMBC"), the European subsidiary of the leading Japanese investment bank Daiwa Securities SMBC Co. Ltd, has appointed Stephen Krag, Chief Financial Officer (CFO), to the Board of Directors. Eishu Kosuge, Chairman & CEO of Daiwa Securities SMBC Europe Limited, commented: "We are delighted to welcome Stephen onto the Board here at Daiwa. He has made a strong impact since he joined the firm in May and his significant experience in financial services means he will be a valuable addition to the Board. This appointment is part of the wider strengthening of our senior management team in London, as we continue to expand our global footprint organically and with the acquisition of Close Brothers Corporate Finance" Stephen joined Daiwa SMBC from HBOS Treasury, where he was Chief Operating Officer and Finance Director. Stephen worked for HBOS for 9 years and previously spent 13 years at NatWest Markets where he held a number of senior finance positions within the Capital Markets, Equities and Global Financial Markets businesses including responsibility for operations in North America, Europe and Asia. Stephen is a Cambridge University graduate and a qualified chartered accountant.Note to editors: Daiwa Capital Markets Europe Limited is a wholly owned...... (read more) ]]...
Grant Lewis, Head of Fixed Income Research, on FT's Ask the Expert
Published: Tue, 15 Sep 2009
[CDATA[ Grant Lewis, Head of Fixed Income Research at Daiwa Securities SMBC Europe, yesterday participated in the Financial Times’ highly regarded “Ask the Expert” on www.ft.com. Grant was answering questions about whether the special measures brought in at the height of the financial crisis have worked, the effectiveness of QE and the dangers that lie ahead. There was a wide range of questions, including why the supply of bank credit remains restricted and when we will know if QE is working. At the forefront of many of the questions was how and when QE will be reversed, with some concerns about the risks the Fed, in particular, has taken on its balance sheet. You can see his responses on the Financial Times website. If you do not have an FT.com subscription, you will need to register with the site to get access.Note to editors: Daiwa Capital Markets Europe Limited is a wholly owned subsidiary of Daiwa Securities Capital Markets Co Ltd, the investment banking arm of Daiwa Securities Group. Daiwa Capital Markets Europe Limited offers a wide range of services from its main business areas: • Equity • Fixed Income • Derivatives • Debt & Equity Capital Markets Corporate Finance and M&A advisory services are...... (read more) ]]...
Daiwa Securities to acquire SMFG's 40% stake in Daiwa Securities SMBC
Published: Thu, 10 Sep 2009
[CDATA[ On September 10th 2009, Daiwa Securities announced that it would be buying Sumitomo Mitsui Financial Group’s 40% share in their joint venture, Daiwa Securities SMBC. Daiwa Securities Group will take full control of the business on December 31st 2009. Click here for the Group’s press release in English.Note to editors: Daiwa Capital Markets Europe Limited is a wholly owned subsidiary of Daiwa Securities Capital Markets Co Ltd, the investment banking arm of Daiwa Securities Group. Daiwa Capital Markets Europe Limited offers a wide range of services from its main business areas: • Equity • Fixed Income • Derivatives • Debt & Equity Capital Markets Corporate Finance and M&A advisory services are provided in Europe by our subsidiary, Close Brothers Corporate Finance... (read more) ]]...
Published: Mon, 18 May 2009
[CDATA[ Daiwa Securities SMBC Europe Limited (Daiwa SMBC Europe), the European subsidiary of leading Japanese investment bank Daiwa Securities SMBC Co. Ltd. (Daiwa SMBC), is acquiring Close Brothers Corporate Finance Holdings Limited (Close Brothers Corporate Finance) from Close Brothers Group plc for a cash consideration of £75 million. The acquisition is part of Daiwa SMBC’s strategy to build a global independent corporate advisory business. The acquisition is subject to regulatory approval.Close Brothers Corporate Finance, one of Europe’s leading advisers with operations in the UK, France, Spain, Germany and Switzerland, will be a stand alone business working in alliance with Daiwa SMBC’s other international corporate finance operations and will continue to provide independent corporate finance advice. Close Brothers Corporate Finance will continue to trade under its existing name for up to twelve months. For further details, please see here.Note to editors: Daiwa Capital Markets Europe Limited is a wholly owned subsidiary of Daiwa Securities Capital Markets Co Ltd, the investment banking arm of Daiwa Securities Group. Daiwa Capital Markets Europe Limited offers a wide range of services from its main business areas: • Equity • Fixed Income • Derivatives • Debt & Equity Capital Markets Corporate Finance and M&A advisory services are provided in Europe...... (read more) ]]...
Daiwa Securities SMBC wins EuroWeek Yen awards
Published: Thu, 14 May 2009
[CDATA[ Daiwa Securities SMBC added to its 2009 awards tally with two awards wins presented at this week's annual EuroWeek Bond Market Awards ceremony. The firm was named “Most Impressive Bank for Sovereign Issuers in Yen”, as well as “Most Impressive Bank for FIG Issuers in Yen”. Sam Amalou, Head of Debt Capital Markets at Daiwa Securities SMBC Europe Limited, commented: “We are delighted to receive these two awards this year, following on from last year’s win as Most Impressive Bank Team in Yen. This is an excellent start to the year and we look forward to continuing to expand the franchise and grow our business during 2009.” EuroWeek, published by Euromoney Institutional Investor Plc, is a leading global capital markets magazine. The awards were determined by a poll of bankers and borrowers undertaken by EuroWeek in April and May.Note to editors: Daiwa Capital Markets Europe Limited is a wholly owned subsidiary of Daiwa Securities Capital Markets Co Ltd, the investment banking arm of Daiwa Securities Group. Daiwa Capital Markets Europe Limited offers a wide range of services from its main business areas: • Equity • Fixed Income • Derivatives • Debt & Equity Capital Markets Corporate Finance and M&A advisory services are provided in...... (read more) ]]...
Daiwa Securities SMBC Europe Ltd. hires new CFO, Stephen Krag
Published: Thu, 14 May 2009
[CDATA[ Daiwa Securities SMBC Europe Limited (“Daiwa SMBC”), the European subsidiary of leading Japanese investment bank Daiwa Securities SMBC Co. Ltd, has hired Stephen Krag as Chief Financial Officer (CFO). Stephen Krag joins Daiwa SMBC from Bank of Scotland Treasury, where he was Chief Operating Officer and Finance Director. Previously he worked for NatWest Markets where he held a number of senior finance positions within the Capital Markets, Equities and Global Financial Markets businesses including responsibility for operations in North America, Europe and Asia. Stephen graduated from Cambridge University and is a qualified chartered accountant. Stephen’s predecessor Doreen Langston, who has been at Daiwa SMBC for 8 years, will be working closely with Stephen to ensure a smooth transition. Eishu Kosuge, Chairman & CEO of Daiwa Securities SMBC Europe Limited, commented: “I am pleased to welcome Stephen to this exciting role and believe his impressive experience in financial markets will be of great benefit to the firm. I would also like to thank Doreen Langston for her valuable contribution to Daiwa SMBC during the past eight years. Her focus and commitment have been greatly appreciated by the board and staff of the firm and we all wish her the best with her future...... (read more) ]]...
DIR takes top spot in overall rankings for Nikkei Veritas and Institutional Investor
Published: Wed, 15 Apr 2009
[CDATA[ Daiwa Institute of Research (DIR), the research arm of Daiwa Securities Group, has claimed top honours in the 2009 All-Japan research Team, Institutional Investor’s annual ranking of Japan’s top equity analysts. It has also taken first place in the Nikkei’s analyst rankings, with seven top ranked analysts.For further information, please see the DIR website here.Note to editors: Daiwa Capital Markets Europe Limited is a wholly owned subsidiary of Daiwa Securities Capital Markets Co Ltd, the investment banking arm of Daiwa Securities Group. Daiwa Capital Markets Europe Limited offers a wide range of services from its main business areas: • Equity • Fixed Income • Derivatives • Debt & Equity Capital Markets Corporate Finance and M&A advisory services are provided in Europe by our subsidiary, Close Brothers Corporate Finance... (read more) ]]...
DealWatch names Daiwa Securities SMBC Samurai Bond House of the Year
Published: Tue, 14 Apr 2009
[CDATA[ Daiwa Securities SMBC has been recognised for its leading role in the bond markets in Thomson Reuter’s 2008 DealWatch Awards. The firm was named “Samurai Bond House of the Year”, for the third year running and was further recognised for its part in the following deals: “Straight Bond of the Year” - Panasonic's Sixth, Seventh and Eighth Series of Unsecured Straight Bonds“Straight Bond Debut of the Year” - Seven & i Holdings 2nd unsecured domestic straight bonds “Samurai bond of the Year” - Westpac Banking Corporation Japanese Yen Bonds “Asset-backed Securities Deal of the Year” - GHLC MBS#21 Hisato Oiwa, Head of Capital Markets and Syndicate, Daiwa Securities SMBC Co Ltd, commented, “This is just reflection of the team’s hard work and our leading position in the bond markets. We have won an impressive number of industry awards in the past few months and I thank the DealWatch judges for awarding us these honours. ” The DealWatch Awards were established by Thomson in 1995 with the aim of contributing to the promotion and development of the Japanese capital markets.Note to editors: Daiwa Capital Markets Europe Limited is a wholly owned subsidiary of Daiwa Securities Capital Markets Co Ltd, the investment banking arm...... (read more) ]]...
FinanceAsia names Daiwa Securities SMBC Best Investment Bank, Japan
Published: Thu, 02 Apr 2009
[CDATA[ Daiwa Securities SMBC has been named Best Investment Bank in FinanceAsia’s Achievement Awards 2008, Japan. The accolade reinforces the firm's position as the leading Asian investment bank, following recent recognition by a number of major industry publications including IFR, which named Daiwa Securities SMBC Yen Bond House of the Year. FinanceAsia said: “Daiwa has shown the character and the discipline not to be swept up in the vortex of cheap debt and principal investment which has destroyed so many of its rivals. While other banks embarked on more reckless strategies in 2008, Daiwa stayed cool and collected and concentrated on its traditional strengths in equity and bond underwriting, and securitisation. For the year as a whole it ranked top in international bond underwriting, top in the underwriting of asset and mortgage backed securities, second in total ECM underwriting, third in domestic M&A, and fourth in all domestic DCM underwriting.” Finance Asia also named the firm Best Securitisation House and Best Bond House. Additionally, Daiwa Securities SMBC was also lead manager for three award winning transactions:. Best International Bond - Sumitomo Mitsui Financial Group's $1.8 billion preferred share issue Best Samurai Bond - Westpac Bank's ¥245 billion multi‐tranche offering Most Innovative Deal - World Bank's $25...... (read more) ]]...
EuroWeek names Daiwa Securities SMBC Best Lead Manager of Yen Bonds
Published: Tue, 27 Jan 2009
[CDATA[ EuroWeek has named Daiwa Securities SMBC “Best Lead Manager of Yen Bonds” for the third consecutive year. The firm also won first and third places in the Yen Deal of the Year category. The accolades, published in the magazine's Review of the Year 2008, applaud the firm’s dedication to excellence and innovation. In its justification for the awards EuroWeek observed how issuance in the last year “was fraught with danger as extreme volatility meant it was almost impossible to launch and then price deals with any real confidence. But there were also rare opportunities for the nimble and clever which resulted in some spectacular transactions.” Keith Meekins, Head of Fixed Income at Daiwa Securities SMBC Europe, commented: “Being honoured in this way for a third year running is a major achievement. I am proud of the team for their dedication amid challenging markets and am confident that we will continue to deliver for our all important clients.” EuroWeek, published by Euromoney Institutional Investor Plc, is a leading global capital markets magazine. Its hotly contested awards are voted for by peers who are asked to nominate their top deals in each category. The shortlist is then revealed to market participants who vote for their...... (read more) ]]...
Daiwa Securities SMBC wins mtn-i award
Published: Thu, 22 Jan 2009
[CDATA[ Daiwa Securities SMBC Europe Ltd has been awarded the Landmark Deal of the Year accolade by mtn-i, the Medium Term Note (MTN) information provider. The award recognises the innovation behind the world’s first Certified Emission Reduction (CER) Linked Uridashi, underwritten by the firm and issued by the World Bank. According to mtn-i, “the Cool Bond franchise broke much new ground while adding significant momentum to the growing trend for environmentally linked securities.” The award was presented at a ceremony held in London’s Imagination Gallery, and was accepted by Sunao Otsuka, Head of Investment Banking, Hayato Kino, Head of Fixed Income Structured Products and Vince Purton, Managing Director, Debt Capital Markets. Sam Amalou, Head of Debt Capital Markets at Daiwa SMBC Europe, commented, “It’s pleasing to see this world first offering receiving just recognition. Everyone involved with the launch can feel justifiably proud.” mtni-i Awards are decided by an expert editorial panel after an extensive judging process. The awards, which are designed to recognise client satisfaction and product innovation, are hotly contested by all market participants. Launched in 2001, mtn-i covers the USD3.5 trillion global MTN market and is widely used by the market for new issue information and longer term trend analysis.Note to editors: Daiwa...... (read more) ]]...
Daiwa Securities SMBC wins IFR Yen Bond House of the Year
Published: Thu, 01 Jan 2009
[CDATA[ Daiwa Securities SMBC is delighted to have been awarded IFR’s prestigious Yen Bond House of the Year award. This is the second time in three years that the company has won this award. Despite international and domestic difficulties, Daiwa Securities SMBC was the top yen underwriter of the year in which the yen sector stayed surprisingly resilient, with the Samurai market growing despite a decline in issuance volumes elsewhere. IFR said, “In spite of unprecedented market volatility throughout 2008, the yen market, and the Samurai sector in particular, enjoyed an exceptionally strong period. Daiwa SMBC was instrumental in bringing a variety of issuers to Japan as it re-established itself in its core market, demonstrating a capability to deliver a wide range of deals in the eye of the financial storm” Eishu Kosuge, Chairman & CEO of Daiwa Securities SMBC Europe, commented, “We are very proud to have won this award on a number of occasions. Despite a difficult year for many, we have had a strong year, focusing on our strengths, and making the most of our three core regional centres (Asia & Oceania, Europe & the Middle East and the Americas) to work across the globe and give our clients the level...... (read more) ]]...
Andrew Cope joins Daiwa Securities SMBC Europe Equity Finance
Published: Wed, 26 Nov 2008
[CDATA[ Daiwa Securities SMBC today announced that Andrew Cope had joined its Global Equity Finance Department, where he will be responsible for the Secured Equity Financing and Supply side of the business. He will be based in London, reporting to Charles Day, Head of Global Equity Finance. Andrew’s last position was at Barclays Capital Securities Ltd, where he worked for many years in the Global Equity Finance Department as Regional Head (Europe) and Regional Head (Asia). He has almost 20 years of experience in the Secured Finance business, and has spent periods working in Hong Kong and Japan. Dominique Blanchard, Global Head of Derivatives, commented, “Andrew comes to us with a wealth of experience that we are looking forward to utilising, as we continue to build our Global Equity Finance business.”Note to editors: Daiwa Capital Markets Europe Limited is a wholly owned subsidiary of Daiwa Securities Capital Markets Co Ltd, the investment banking arm of Daiwa Securities Group. Daiwa Capital Markets Europe Limited offers a wide range of services from its main business areas: • Equity • Fixed Income • Derivatives • Debt & Equity Capital Markets Corporate Finance and M&A advisory services are provided in Europe by our subsidiary, Close Brothers Corporate Finance... (read more) ]]...
Published: Mon, 10 Nov 2008
[CDATA[ Lessons from the Subprime CrisisWilliam Poole, Senior Fellow, Cato Institute and Distinguished Scholar in Residence, University of Delaware.Note to editors: Daiwa Capital Markets Europe Limited is a wholly owned subsidiary of Daiwa Securities Capital Markets Co Ltd, the investment banking arm of Daiwa Securities Group. Daiwa Capital Markets Europe Limited offers a wide range of services from its main business areas: • Equity • Fixed Income • Derivatives • Debt & Equity Capital Markets Corporate Finance and M&A advisory services are provided in Europe by our subsidiary, Close Brothers Corporate Finance... (read more) ]]...
Daiwa Securities SMBC hires Carolyn Chan in Asian Equity expansion
Published: Thu, 06 Nov 2008
[CDATA[ Daiwa Securities SMBC Europe (Daiwa) today announced the arrival of Carolyn Chan, who is joining their London Asian Equity Sales desk. She will be responsible for pan Asian Equity sales to UK institutions, based in London. Carolyn joins from Citigroup where she was most recently Director, Asian Pacific Sales. With her nine years at Citigroup, and 16 years of broking experience overall, she has built up a formidable reputation and brings a wealth of knowledge to Daiwa. She was previously based in Singapore both with Citigroup and Baring Securities. This latest appointment follows the arrival of Ross Phillpotts in mid October. Ross has 18 years of experience as an Asian sales trader, with experience of running a prop book, as well as previously having been a “blue button” on the London Stock exchange. Mark Watson, head of Asian Equity Sales, commented, “We are delighted to welcome on board Carolyn, who will be focusing primarily on key accounts in London. I am sure that her long experience will be of great benefit to Daiwa and that she will be making a significant impact on our team. We continue to expand and improve our Asian Equity team in sales and research, and see this London...... (read more) ]]...
Daiwa Securities SMBC expands Global Derivatives Team
Published: Wed, 29 Oct 2008
[CDATA[ Daiwa Securities SMBC (Daiwa), the leading Japanese investment bank, is continuing to build up its expanding global derivatives team, following the appointment of Dominique Blanchard as Global Head of Derivatives earlier this year. Christophe Tezier, previously Global Head of FID Quants at Bear Stearns, has joined as Global Head of Quantitative Research. Charles Day has joined as Global Head of Equity Finance, to build and manage teams in London, Tokyo, and Hong Kong. Charles was formerly European Head of Synthetic Equity at Lehman, and was previously Head of International Securities Lending at Merrill Lynch, and Asian Regional Head of Securities Lending for Nomura. Joining the Derivatives Infrastructure team is Andrew Wallhead from Mitsubishi UFJ Securities and Duncan Stuart-Reid from Citibank. Over the next few weeks, Murielle Maman (formerly at Merrill Lynch and CEO at Lyxor Asset Management) will join to take responsibility for product structuring & wrapping. Sangjoon Kim will also arrive at Daiwa to take up the position of Head of Equity Derivatives Trading. He will continue to be based in Japan, where he was previously Head of Japan Equity Exotics and Hybrids for JP Morgan Securities. Massimo Giranzani also joins Daiwa this week as Head of Quantitative Research for Equity Derivatives. Finally, as...... (read more) ]]...
Daiwa Securities SMBC Europe Ltd Annual Report
Published: Wed, 13 Aug 2008
[CDATA[ Daiwa Securities SMBC Europe Ltd today published its annual report on its website: www.uk.daiwacm.com. This covers the company’s Financial Statements for the year ended March 31st, 2008. The printed version of the report is also now available. For more information, please contact the Business Communication department, as below.Note to editors: Daiwa Capital Markets Europe Limited is a wholly owned subsidiary of Daiwa Securities Capital Markets Co Ltd, the investment banking arm of Daiwa Securities Group. Daiwa Capital Markets Europe Limited offers a wide range of services from its main business areas: • Equity • Fixed Income • Derivatives • Debt & Equity Capital Markets Corporate Finance and M&A advisory services are provided in Europe by our subsidiary, Close Brothers Corporate Finance... (read more) ]]...
New Head of Fixed Income at Daiwa Securities SMBC Europe Ltd
Published: Mon, 28 Jul 2008
[CDATA[ Daiwa Securities SMBC Europe Ltd (“Daiwa SMBC”) today announced a new Head of Fixed Income. Keith Meekins has been appointed to this position, effective as of July 24th, 2008, following the resignation of Andrew Asbury. Keith Meekins joined Daiwa SMBC in 2003 as Head of Government Bond Trading, and became Head of Bond Trading in 2007. Between 2000 and 2003, he was Global Head of Government Bonds at Commerzbank. Prior to that, he had spent 13 years at Nomura in various roles, including Head of Government Bond trading from 1997 to 2000. Eishu Kosuge, Chairman & CEO of Daiwa Securities SMBC Europe Ltd, commented, “We are very pleased to be able to offer Keith this challenging and exciting opportunity to head up Fixed Income. Keith has a strong trading background and is well suited to the role. I would also like to thank Andrew Asbury for his valuable contribution to Daiwa SMBC over the past eight years. We all wish him the best with his future path.”Note to editors: Daiwa Capital Markets Europe Limited is a wholly owned subsidiary of Daiwa Securities Capital Markets Co Ltd, the investment banking arm of Daiwa Securities Group. Daiwa Capital Markets Europe Limited offers a wide range of...... (read more) ]]...