BNY Mellon Creates Capital Markets Business for AsPac Region

BNY Mellon has launched a new Asia-Pacific Capital Markets business through The Bank of New York Mellon Securities Company Japan.

The Tokyo-based company will provide dealing services on an agency basis across fixed income and equity securities for institutional clients in Japan and certain other countries in the Asia-Pacific region.

The company has added a nine-strong team of broker-dealer and capital markets specialists to its existing foreign exchange services capabilities in Tokyo.

The new team is led by Eiichiro (Eric) Masaki who has been appointed as head of Japan Capital Markets Sales and reports into Kazuma Yamashita, head of Japan Global Markets Sales. Masaki joins BNY Mellon from Societe Generale, where he was head of Non-Yen Fixed Income Flow Sales.

“We’ve grown the geographic reach, product diversity and trading capabilities of our capital markets business substantially over the last two years in response to US institutions seeking broader capital solutions,” observes Art Certosimo, senior executive vice president and chief executive officer of BNY Mellon’s Global Markets business. “The natural next step in our growth is to bring these world class solutions to our clients internationally, with a focus on Europe and Asia-Pacific.”

Makoto Saji, president of The Bank of New York Mellon Securities Company Japan in Tokyo adds: “The creation of a regional capital markets desk brings a new dimension to our local offering and enables us to provide a more holistic global markets solution for Asian institutions.”

Saji continues: “Our immediate focus will be on establishing a strong capital markets business in Japan, as well as starting conversations with our existing investment services clients, who are major players in the Asian capital markets space.”