The new appointments will augment Mizuho’s overall U.S. equity sales and trading product offerings in cash equities, convertibles, ETFs, program trading, equity finance and research. Dalton, Orsi and Leggat will report to John Bai, Managing Director and Head of U.S. Equity Sales.
John Koudounis, President and CEO, MSUSA, commented, 'Clients rely on our sales and trading capabilities to help them navigate the markets, make better informed investment decisions and successfully reach all their financial objectives. With the addition of such high-quality capital markets professionals to our equity distribution platform, together with a strong product range and Mizuho’s global reach, we are now even better positioned to help clients compete and find opportunities in any market conditions in the world'.
Bai stated, 'While many firms are abandoning the cash equity business, we believe that it is a great time to continue the build-out of our platform. Hiring talent of this caliber to enhance our U.S. equity sales effort is a further sign of our commitment to building a team of seasoned professionals dedicated to providing clients with value-added investment ideas and analysis'.
Orsi, formerly of Lazard Capital Markets, joins as an Executive Director, bringing over twenty years of equity sales experience and deep West Coast institutional client relationships with him to Mizuho. Dalton, who comes from Macquarie Securities, will also enhance MSUSA’s West Coast equity sales coverage as a Director. Leggat, with extensive equity markets experience and strong relationships with Boston-based institutional clients, joins as an Executive Director.