The hire comes following a dire Q3 for the bank, which has seen a multitude of recent departures from its global fixed income team.
Tag: Deutsche Bank
Departing alumnus had served at SB Warburg for seventeen years, Deutsche Bank Securities for 16 years and BTIG for 10 years.
New dealer brings over two decades worth of experience in equity focused roles to AustralianSuper, having previously served at Liberum and Deutsche Bank.
The past week saw appointments from Deutsche Bank, Mizuho Americas, Redburn, Clear Street, Stifel Financial and Tradefeedr.
New co-head brings 20 years’ experience across FX and fixed income markets, having previously served at Credit Suisse and Bank of America Merrill Lynch.
Profit before tax for Q2 was up 33% year-on-year, while post-tax profit was up 46% to €1.2 billion.
Lack of equivalence between the UK and Europe post-Brexit saw a huge chunk of derivatives trading move to the US, however, proposed upcoming regulatory changes have the potential to push some of that liquidity back across the pond.
Incoming sales trader and trader previously spent two and a half years at Sova Capital which went into special administration in March after the Russian invasion of Ukraine.
Fourth quarter results mark the bank’s sixth consecutive period of profit on the back of a boom in corporate banking, as it steps up its ‘compete to win’ strategy.
Deutsche Bank gears securities industry up for new settlement regime with updated CSDR client toolkit
The bank calls on industry to dig deep, clean up aged fails and improve operational processes to ensure the new settlement regime is a success.