SMBC Nikko Securities America announced that Scott Ashby has joined the firm as Managing Director, Head of Capital Markets and Investment Banking, Senior Deputy President. In this role, he will oversee several business functions within the Capital Markets and Investment Banking division, working closely with the firm’s product and coverage teams to help drive further growth and maximize future client opportunities.

“We are very excited to have Scott join the firm to lead our Capital Markets and Investment Banking business,” said Bungo Miura, Chairperson and President, SMBC Nikko Securities America, Inc. “He brings a tremendous wealth of experience leading a first class fixed income capital markets business. Scott is a great fit to lead our business, is an outstanding addition to our team, and will help to enhance the execution of our strategy and delivery for clients.”

Scott joins SMBC Nikko Securities America from Morgan Stanley, where he spent the past 24 years, most recently as a Managing Director, Co-Head of Fixed Income Capital Markets in the Americas within the Global Capital Markets division. There, he was responsible for investment-grade debt underwriting and related risk management in the U.S. and Latin America. In addition to managing the Fixed Income Capital Markets practice, Scott has built his career by focusing on coverage of financial institutions and corporations around the globe, specifically, U.S. and foreign banks, insurance and finance companies, global asset managers, the global automotive industry, as well as a select group of large multinational corporations.

Scott previously held several positions within Morgan Stanley’s Fixed Income Capital Markets business and Equity Research division, where he covered the U.S. automotive industry. Prior to joining Morgan Stanley, he was a Financial Analyst at Toyota Motor Credit Corporation.