Deutsche Bank Hires Former Bankers from HSBC and BNP Paribas

deutsche bank hires former bankers from hsbc and bnp paribas

Sumary of Deutsche Bank Hires Former Bankers from HSBC and BNP Paribas:

  • Deutsche Bank (NYSE: DB), a German financial services giant, hired today four bankers from another banking giant, HSBC, to build up its private team in Africa.
  • According to an internal memo cited by Reuters, the executives will help the German bank’s private banking business in the continent.
  • However, the memo didn’t disclose the names of the other three members of Africa’s private banking business of the German financial services giant.
  • Suggested articlesAre You Ready For iFX EXPO Dubai 2022?Go to article >>Hiring Former Bankers from BNP ParibasAlso, other appointments were made today by Deutsche Bank, as it hired two senior bankers from BNP Paribas to join its strategy for expanding its UK investment bank.
  • “Their appointments further underline the significant investment we have made to build a client-orientated UK Investment Banking business for the long term,” Daniel Ross, Deutsche Bank’s head of UK and Ireland investment banking, stated in the memo.
  • Last month, Deutsche Bank released its financial results for the third quarter of 2021. In the last three months, Deutsche Bank’s pre-tax profit reached EUR 554 million, which is 15% higher compared to the same period last year.

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