Deutsche Bank secures regional headquarters licence in Saudi Arabia
Riyadh-based entity will support the bank’s regional offering across corporate banking, investment banking, and operations across the Middle East.
Riyadh-based entity will support the bank’s regional offering across corporate banking, investment banking, and operations across the Middle East.
New hire joins after a 10-year tenure at Deutsche Bank, where he served across various sectors of the firm, including trading and treasury liquidity modelling.
The five investors - Barclays, Citadel Securities, Deutsche Bank, TP ICAP and UBS Investment Bank – will provide technology infrastructure and market structure expertise for the tape.
The past week saw numerous traders shift firms across fixed income, equities and sales.
Individual also previously served as Nomura’s head of portfolio trading, and has also worked at CLSA and Bank of America Merrill Lynch.
BNP Paribas, Deutsche Bank, JP Morgan and Morgan Stanley are among the banks taking a 20% ownership stake, in exchange for £170 million in the deal.
The past week has seen appointments spanning emerging markets credit, rates and equity derivatives sales.
New appointment joins from Deutsche Bank and has also previously worked at Goldman Sachs.
The past week saw appointments across outsourced trading, equities and rates.
New appointment spent the last nine years at UBS in a range of trading-related positions.