Japanese bank Mizuho made a big hire in New York.
US bank operation hired Wall Street veteran Thomas hartnett as head of fixed income sales and trading.
Hartnett, who has held senior positions at Lehman Brothers and Deutsche Bank, will report to Jerry Rizzieri, CEO of Mizuho Securities USA.
He will oversee sales and trading in all fixed income categories and will also be responsible for helping drive the growth of Mizuho’s US business.
“We continue to invest in strengthening and diversifying our product offering to better serve our customers,” Rizzieri said in a statement. “Tom’s strong track record in the development and management of key products makes him a great addition to our team. “
Hartnett most recently worked at Deutsche Bank as Head of North American Rates, having joined the German bank after Lehman Brothers in 2007. He was one of those to leave as the bank went through a major restructuring, with Sam Wisnia named head of rates in Europe. and in North America in November 2015.
Hartnett is the latest Wall Street executive to join Mizuho. The company seeks to increase its workforce in the United States by 10%, said Rizzieri Sonali Basak and Zeke Faux at Bloomberg in March.
Hiroshi Suehiro, Senior Executive and Head of the Americas at Mizuho, said the bank is considering becoming a “leading investment and investment bank in North America”.
In addition, Jim Iorio joined EBS BrokerTec, Icap’s electronic foreign exchange and fixed income business, as Global Sales Manager. Iorio left Barclays, where he was responsible for currency and commodity distribution, in December 2015.