The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.


All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.
Banking

Japan: Independents’ day

Independent M&A boutiques are sensing an opportunity in Japan as the country’s top corporate names increasingly look to firms not tied to large commercial banks when awarding cross-border mandates.

Leading the pack is GCA, a Japanese boutique launched in 2004 that won advisory roles on 2007’s two largest deals and also scooped one of Euromoney’s deals of the year awards for its ambitious merger with US peer Savvian. Now global M&A powerhouse Lazard is moving in, scooping up Tetsuya Kawano, former president of JPMorgan Securities Japan, to round off a spate of recent hires.

"Japanese clients are becoming more and more sophisticated," says Yasushi Hatakeyama, president and chief executive of Lazard’s Japanese investment banking subsidiary, Lazard Freres KK. "As global market conditions become more challenging, senior management face difficult strategic choices and we provide clients with the independent, objective advice that they need."

Tetsuya Kawano, Lazards

Tetsuya Kawano: an independent voice

Kawano is an experienced M&A banker, having spent eight years at Goldman Sachs before joining JPMorgan. He had already left that firm when Lazard came calling but securing his services in the small and insular world of Japanese M&A is still something of a coup.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree