JPMorgan Chase & Co. (JPM:US) said it hired Yuji Fujimori, a former equity research analyst at Barclays Plc (BARC), as an investment banker for the telecommunications, media and technology industry in Japan.
Fujimori, 43, joined JPMorgan on June 24 as an executive director in the investment banking department, Yukako Yoshino, a Tokyo-based spokeswoman for the U.S. bank, said in an e-mailed response to inquiries by Bloomberg News.
JPMorgan hired Fujimori to tap his knowledge and contacts in the technology industry accumulated during the 15 years he worked as an analyst, according to the e-mail. Telecommunications-related companies were the most active acquirers and targets for Japan mergers and acquisitions last year, data compiled by Bloomberg show.
SoftBank Corp. (9984), Japan’s third-biggest mobile phone company, this month acquired Overland Park, Kansas-based Sprint Corp. (S:US) Dentsu Inc. (4324), the Japanese advertising company that bought Aegis Group Plc, said this month that it’s raising as much as about 120 billion yen ($1.2 billion) in a public share sale.
Fujimori joined Barclays in 2009 as an analyst for the consumer electronics industry and previously worked at Goldman Sachs Group Inc. (GS:US) from 1998, Yoshino said.
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