Deutsche hires Japan prime-broking head

Masakazu Yanagisawa has joined Deutsche Securities in Tokyo as head of global prime finance sales for Japan, a post that had been vacant for some time. He was previously head of prime brokerage and capital introductions for Japan at Merrill Lynch.

He reports locally to Tamio Honma, head of equity and financial institution sales in Japan, and regionally to Harvey Twomey, Asia head of global prime finance sales and the hedge fund capital group in Hong Kong.

Yanagisawa will be responsible for ensuring Deutsche Securities' prime brokerage clients in Japan have access to Deutsche Bank's regional and global product suite, while ensuring their capital introduction and broader product needs are met.