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JPMorgan Hires Ex-BOJ Officials for Research Business in Tokyo

JPMorgan Chase & Co. hired two former Bank of Japan officials for its research business in Tokyo.

Hiroshi Ugai, who was a deputy director general at the BOJ, was recruited this month as a senior economist, the U.S. firm said in an e-mailed statement. Rie Nishihara, who also had a stint at the central bank, was hired as a senior analyst covering the banking industry.