A new generation embraces M&A | Nikkei heads for 24,000 by 2010… or sooner | Debt is not a dirty word | Funds get activist in Japan | Living in the past; paying with the future
EIGHTEEN MONTHS AGO, Brian Mccappin’s friends were worried about him. For some strange reason, the English investment banker had chosen to leave Citigroup’s all-conquering bond business in Europe to take up a new job as co-head of fixed income at Nikko Citigroup in Tokyo. His first task: to propel the firm into the top three dealers in Japanese government bonds.
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