Ashizawa’s recruitment is part of the firm’s effort to strengthen its equity franchise in Japan. He will be responsible for all equity sales, trading, derivatives, and research activities in Tokyo.

“Our bolstered equity operations are creating synergies with our debt and investing banking teams to bring truly best-practice financial solutions to our domestic and global clientele,” says John T. Macfarlane, Chief Country Officer in Japan.

Ashizawa joins Deutsche from Morgan Stanley Japan, where he served as a Managing Director in its equity derivatives sales group. Prior to that, he worked for the hedge fund Moore Capital Management and for Daiwa Securities in the United States and Japan.