Nikko Cordial Securities Inc., a Japanese brokerage, hired Yasuhiro Nakazawa and Kazuaki Hashiguchi as analysts to cover pharmaceutical and health-care stocks, the analysts said today by telephone.
Nakazawa, ranked No. 3 in the industry last year by Nikkei Veritas, previously worked at Mitsubishi UFJ Morgan Stanley Securities Co., and Hashiguchi was at Ichiyoshi Securities Co.
Nikko Cordial is owned by Sumitomo Mitsui Financial Group Inc., Japan’s second-largest publicly traded bank.
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