JPMorgan Chase & Co. hired Hiroki Kimakura from Goldman Sachs Group Inc. to head yen rates trading in Tokyo, as activity picks up in Japan’s $7.3 trillion sovereign debt market.
Kimakura recently joined JPMorgan’s Tokyo securities subsidiary as managing director and head of Japan fixed-income trading, overseeing transactions in Japanese government bonds and yen interest-rate derivatives, according to a company representative. His predecessor Yoichi Takemura left the US’s largest bank several months ago to join hedge fund firm Garda Capital Partners.
Source: Bloomberg