Deutsche Bank reshuffles markets-division leadership
19 November 2015 Frankfurt
Image: Shutterstock
Deutsche Bank has named a new head of equities trading and two global co-heads of prime finance as part of its leadership restructuring process.
The bank has confirmed that Rick Saunders has expanded his remit from European head of equities to become global head of equities trading. Rob Ebert will remain head of equities for Asia.
Ashley Wilson and Greg Bunn were appointed co-heads of the prime finance business.
The pair will be responsible for managing hedge fund clients’ trades and securities lending, as well as providing services to asset managers.
Deutsche Bank also recently named Thomas Patrick to run the equities business globally.
He was previously head of North American equities, which is now overseen by Brad Kurtzman, and managed equity derivatives globally, until the promotion in November.
Patrick takes over the post from Garth Ritchie, who also moved up the ladder in October to oversee all of the bank’s markets businesses.
The major re-shuffle of the investment bank’s leadership is being driven by Deutsche Bank’s new co-chief executive, John Cryan, as part of the wider decision to split the investment bank’s markets and dealer-advisory services.
The bank has confirmed that Rick Saunders has expanded his remit from European head of equities to become global head of equities trading. Rob Ebert will remain head of equities for Asia.
Ashley Wilson and Greg Bunn were appointed co-heads of the prime finance business.
The pair will be responsible for managing hedge fund clients’ trades and securities lending, as well as providing services to asset managers.
Deutsche Bank also recently named Thomas Patrick to run the equities business globally.
He was previously head of North American equities, which is now overseen by Brad Kurtzman, and managed equity derivatives globally, until the promotion in November.
Patrick takes over the post from Garth Ritchie, who also moved up the ladder in October to oversee all of the bank’s markets businesses.
The major re-shuffle of the investment bank’s leadership is being driven by Deutsche Bank’s new co-chief executive, John Cryan, as part of the wider decision to split the investment bank’s markets and dealer-advisory services.
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