Moves: Deutsche Bank hires senior dealmakers from rivals – memo

Perella Weinberg Partners

14/06/2023 11:00

By Pablo Mayo Cerqueiro
       LONDON, June 14 (Reuters) - Deutsche Bank  DBKGn.DE  has
added three senior dealmakers to its team of bankers advising
other financial institutions, such as insurance companies and
lenders, according to a memo seen by Reuters on Wednesday and
confirmed by a company spokesperson.
    It has hired Marie-Soazic Geffroy as global co-head of its
Financial Institutions Group (FIG) from Perella Weinberg
Partners  PWP.O . Based in Paris, she will lead the industry
group alongside Jeff Cady, who is set to join the bank in New
York from Citigroup  C.N .
    The bank has also appointed Chris Williams as FIG chairman
for Europe, the Middle East and Africa (EMEA). He was vice chair
of investment banking and capital markets in the region at
Credit Suisse.
    Citigroup's Aaron Saperstein is also set to join Deutsche
Bank in New York as head of diversified financials, covering
speciality finance companies and financial technology lenders.
    Revenues at Deutsche Bank's investment banking arm dropped
19% to 2.7 billion euros ($2.9 billion) in the first quarter
from the same period last year, the bank said in April. 
    Income from origination and advisory was down 31%,
reflecting lower activity, it added in its first-quarter
results.
    ($1 = 0.9257 euros)

 (Reporting by Pablo Mayo Cerqueiro
Additional reporting by Stefania Spezzati
Editing by Mark Potter)
 ((Pablo.MayoCerqueiro@thomsonreuters.com;))