Mizuho Financial Group has recruited Fil Stosic from Morgan Stanley to serve as co-head of leveraged finance capital markets, according to sources familiar with the matter. The move signals Mizuho's continued expansion of its investment banking capabilities in the competitive leveraged finance sector.

The hiring of Stosic represents a strategic addition to Mizuho's leveraged finance team, bringing expertise from one of Wall Street's leading financial institutions. Leveraged finance plays a crucial role in corporate lending, particularly for companies with high debt levels seeking capital market solutions.

Stosic's appointment comes as financial institutions compete for top talent in specialized banking divisions. The leveraged finance market has seen increased activity as companies navigate higher interest rates and seek alternative funding sources. His experience at Morgan Stanley should strengthen Mizuho's position in this competitive landscape.