Deutsche Bank Securities Inc. in New York says Jeff Dorman has joined the firm as a Managing Director and Head of Global Prime Finance in North America in the Global Markets equities business. Dorman will lead Deutsche Bank’s Global Prime Finance business in North America. Based in New York, he will report to Jonathan Hitchon and Barry Bausano, Co-Heads of Global Prime Finance and Robert Karofksy, Head of Global Markets Equity in North America.
Dorman most recently worked at Bear Stearns as Global Co-Head of Prime Brokerage. Prior to joining Bear Stearns, he spent 18 years at Lehman Brothers, ending his time there as Head of Domestic and International Prime Brokerage and Equity Finance.
Deutsche Bank also announced that Mark Haas has been promoted to Head of Business Development for Global Prime Finance. In this capacity, Haas will develop the bank’s product strategy for Global Prime Finance. Haas has been in the securities industry for over 25 years.
“Jeff is a true veteran in the prime brokerage industry, and we are confident that his experience and our mutual dedication to servicing hedge fund clients will build on the momentum we have achieved in Global Prime Finance”, says Hitchon.
Bausano adds that “our commitment to providing integrated financing solutions to clients with our leading derivatives expertise and global presence enables us to attract talented professionals like Jeff, and we are very pleased to welcome him to our team.”