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People moves news

Deutsche Bank expands its agency lending team


05 January 2016 New York
Reporter: Drew Nicol

Generic business image for news article
Image: Shutterstock
Deutsche Bank has added Andrew Pettit to its agency securities lending in the Americas.

Pettit joins as a director and platform enhancement specialist, focusing on product innovation.

Pettit, who has more than 15 years of securities financing experience, will be based in New York will report to Anthony Toscano, co-head of agency securities lending in the Americas.

Before joining Deutsche Bank, Pettit was an executive director in bank resource management sales and marketing at Morgan Stanley.

Prior to that, he was head of business development at Brown Brothers Harriman’s global securities lending unit.

Deutsche Bank’s agency securities lending program is part of its global transaction banking business, which includes non-custodial securities lending, portfolio financing and collateral management.

“Andrew Pettit’s deep and diverse experience in securities finance will further our ability to meet the sophisticated needs of our clients,” said Toscano.

“We are pleased that Andrew Pettit’s has joined the team as we continue to grow and invest in our agency securities lending programme.”

“Andrew Pettit’s deep and diverse experience in securities finance will further our ability to meet the sophisticated needs of our clients.”
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