Daiwa Capital Markets has continued its recent Asian expansion with the hiring of Dick Lo from Deutsche Bank and Julien Petit-Pasquier from Morgan Stanley for its Asian equity derivatives business in Hong Kong. Lo joins the investment banking unit of Japan's second-largest brokerage as head of stock derivatives trading, while Petit-Pasquier will be head of index trading. Both men will report to David Sarkis, Daiwa's head of equity derivatives trading for Asia ex Japan. Their roles at Daiwa are
