Deutsche Bank hires AQR Capital technology chief
Neal Pawar will take on the role of chief information officer at Deutsche Bank in early September.
Neal Pawar will take on the role of chief information officer at Deutsche Bank in early September.
The German bank's global head of securities services departs after a year in the role, as Deutsche Bank names successor in New York.
Deutsche Bank agreement with BNP Paribas comes as bank plans to exit equities trading and to reduce its workforce by 18,000.
Garth Ritchie departs as Deutsche Bank prepares for major business restructuring.
The TRADE looks at how Deutsche Bank, among the top five prime brokers not so long ago, ended up in a situation where the future of its prime brokerage business is in question.
Lee Beng Hong will join SGX in August, as Michael Syn is appointed head of equities under the new business structure.
Chief executive Christian Sewing tells investors that investment banking division will face cutbacks in effort to reverse fortunes.
Kenan Altunis most recently served as global co-head of the institutional client group within Deutsche Bank’s corporate and investment bank.
Bruce Savage was most recently global head of regulatory affairs and market structure, listed derivatives, and markets clearing at Deutsche Bank.
Deutsche Bank is the first German bank to offer client clearing in US and European credit default swaps via LCH CDSClear.