Bloomberg News reports that Luk, who was an options trader at Credit Suisse, will focus on interest rate derivatives and report to Josh Thimons, Pimco said today in a statement. Wilding, who worked as director of global rate research at Tudor, will report to Joachim Fels, the firm’s global economic advisor.
In the meantime, Bloomberg also reports that Mizuho Financial Group pressed ahead with its plans to strengthen its equity business in Japan with the hiring of former UBS veteran Hiroshi Udagawa.
Udagawa, who worked for UBS for about 17 years, joined Mizuho Securities earlier this month as deputy head of its equities division, Hiroki Saigusa, a Tokyo-based spokesman for the Japanese brokerage, said by phone.
Nick, 35, will work in the newly created role of chief investment strategist for TIAA Investments, sharing his outlook on fixed-income and equity market trends with individual and institutional customers, the company said Tuesday in a statement. Nick, who will be based in New York, was previously head of tactical asset allocation at UBS’s wealth management operation in the Americas.