Mitsubishi UFJ Financial Group (MUFG) announced that it has hired Timothy Fischer as Managing Director, Head of U.S. Leveraged Finance Sales. Based in New York, Mr. Fischer will begin on January 21 and report to John Karabelas, MUFG's Head of Institutional Investor Sales in the Americas. In this newly created role, Mr. Fischer will be responsible for leading distribution of leveraged loans and high-yield bonds in partnership with the bank's Capital Markets team. Mr. Fischer joins from Deutsche Bank, where he was Managing Director of Leveraged Credit Sales. Previously he was the Head of High Yield Trading at both Deutsche Bank and Lehman Brothers.