In the meantime, Reuters reports that Deutsche Bank's asset and wealth management division has hired Raphael Zagury, a derivatives expert who recently left Merrill Lynch, to run a group focused on wealthy clients in Latin America.
Zagury will join the German bank's New York office in three months so he can meet terms of the garden-leave severance agreement he reached when announcing his departure from the market coverage group of Merrill's wealth management unit a week ago, said a person familiar with his hire.
And The Wall Street Journal reports that Goldman Sachs has poached Singapore-based institutional foreign exchange sales director Catherine Rich from Deutsche Bank, people familiar with the matter said Tuesday.
Finally, Bloomberg reports that Goldman has named Andy Fisher head of technology equity capital markets, effective immediately, according to a memo to employees.
Bank of America Said to Cut Head of Equities Role in Australia
Deutsche hires Zagury, derivatives expert for wealthy clients
Goldman Sachs Poaches Deutsche Bank Senior FX Sales Director (subscriber content)
Goldman Names Fisher Head of Technology Equity Capital Markets
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