Deutsche Bank Nabs Japanese Merrill Prime Brokerage Exec.

Jan 8 2009 | 2:08am ET

Deutsche Bank has added another Merrill Lynch prime brokerage veteran to head its Japanese sales effort.

Masakazu Yanagisawa was named a director and head of global prime finance sales for Japan by Deutsche Securities, Asian Investor reports. He is set to focus on the firm’s existing Japanese clients, as well as capital introduction.

At Deutsche, Yanagisawa will report regionally to another Merrill veteran, Harvey Twomey, who heads global prime finance sales in Asia. Twomey joined Deutsche in February, following a pair of high-profile hire of Merrill prime brokerage executives by Deutsche in 2007. Yanagisawa will be based in Tokyo, where he reports to Tamio Honma, head of equity and financial institution sales in Japan.

At Merrill, Yanagisawa was head of prime brokerage and capital introduction for Japan.

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