Deutsche Bank appoints former Chief Strategist of Nomura Shoki Omori

The Japanese government bond market, with a scale of 7.2 trillion USD, is heating up. Various banks are competing to expand their related professional talent. Deutsche Bank introduced former Mitsubishi UFJ Financial Group fixed income strategist Shoki Omori in Tokyo. Media obtained an internal memo, which was also confirmed by a spokesperson for the bank: Shoki Omori has joined the local investment management subsidiary of this German investment bank, serving as a fixed income strategist. He will be responsible for research and analysis of the Japanese interest rate market, serving clients in Japan and overseas. After the Bank of Japan pushed forward with monetary policy normalization, the volume of yen and bond trading significantly increased, bringing back volatility to the market that had been quiet for a long time. Against this backdrop, Deutsche Bank made this appointment. The yen depreciated by over 3% against the US dollar, making it one of the worst-performing currencies in the G10 this year. Shoki Omori previously worked at a subsidiary of Mitsubishi UFJ Securities as the Chief Trading Desk Strategist for the fixed income trading department, primarily responsible for designing and promoting yen interest rate related trading solutions. He also held positions at a securities firm jointly owned by Morgan Stanley and Mitsubishi UFJ Financial Group for several years.