Mizuho Hires Nine in Fixed Income as European Banks Retrench

  • Japanese broker adds staff to units after a shake-up last year
  • ‘We have more incoming enquiries than we can handle:’ Godall
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Japan’s Mizuho International Plc has boosted its presence in high-yield trading and distressed debt in Europe as local banks scale back.

The securities and investment banking arm of Japan’s Mizuho Financial Group Inc. has hired nine in London, according to Asif Godall, head of global markets. Among the new recruits are Iftikhar Ali, an emerging markets trader who joins from BNP Paribas SA, and Venkata Kota, who joins as head of medium-term notes from Deutsche Bank AG.