JPMorgan hires Ex-BNP Paribas analyst Kamide in Japan

JPMorgan Chase & Co said it hired Hiroshi Kamide from BNP Paribas SA as a senior analyst for the software and game industry in Japan. Kamide joined JPMorgan Securities Japan Co today, and he will start covering the area from November, the bank said in a statement e-mailed to Bloomberg News. The Tokyo-based unit hasn’t covered the software industry in Japan.

JPMorgan is among investment banks that are luring research talent from rivals to earn more commissions and fees from equity-related business in Japan. Kamide became at least the third recruit by the Japanese unit in the past three months. JPMorgan in July hired Dairo Murata, a former Credit Suisse Group AG analyst, to cover the retail industry, and employed Masashi Itaya, also formerly of Credit Suisse, for the electronic-component sector in August.