Daiwa CEO Revives M&A Hiring to Ride Japan Wave

Daiwa Securities Group Inc. is resuming an expansion of its mergers and acquisitions business to capitalize on a dealmaking boom at home and lift its standing abroad.

Japan’s second-largest brokerage has restarted hiring merger advisory staff overseas and is boosting a team of cross-border deal specialists, Chief Executive Officer Akihiko Ogino said in an interview.