Japan M&A boom drives Citigroup and Daiwa hiring push – report

Citigroup and Daiwa Securities Group are expanding their Japan investment banking teams as dealmaking accelerates amid governance reforms and changing attitudes to takeovers. Citigroup intends to lift headcount in its Japan investment banking unit by around 30% by the first half of 2026, the bank’s vice-chair for Japan Masuo Fukuda told Bloomberg. He did not disclose the current size of the team. Tokyo-based Daiwa has restarted overseas recruitment for merger advisory roles and is reinforcing its cross ...