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SMBC Nikko Securities America Appoints LaVorgna as New Chief Economist

September 15, 2022, 08:00 AM
Related: Banking News

SMBC Nikko Securities America announced the appointment of Joseph (Joe) A. LaVorgna as Managing Director and Chief Economist.

“To add someone of Joe’s caliber speaks volumes about our dedication to our clients and to our commitment to hire top talent who broaden our team,” said Yunson Du, Managing Director and Head of Fixed Income Sales and Trading. “This is one more building block in expanding our foundational expertise and enhancing the scope of services we offer institutional clients. Joe comes to us with solid experience as someone with gravitas when it comes to understanding the economy, macro and micro trends, and economic policy. As we continue to build our Macro Rates product offering, we are excited as Joe will anchor our macro research team, which will be a key component of this business.”

Joe has spent more than 25 years in the financial services industry. He was most recently Managing Director and Chief Economist for the Americas at Natixis, where he oversaw the firm’s economic research effort in the region and managed a team of economists that analyzed trends in the equity, fixed income, foreign exchange, and commodity markets. While with Natixis, he took a year away to serve at the White House as Special Assistant to the President and Chief Economist of the National Economic Council.

Appearing regularly in the financial media, Joe has been a contributor for CNBC and a contributing opinion writer for The Hill. For more than a decade, he was also ranked as a top economist in the prestigious Institutional Investor All-Star Fixed Income Survey.

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