RPT-Deutsche Bank's equity sales head in Japan leaves

Thu May 1, 2008 1:12am EDT

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By Junko Fujita

TOKYO May 1 (Reuters) - Deutsche Bank AG (DBKGn.DE) said Jim Lee, who was the global head of Japanese equity sales, left the firm on March 31, the latest senior banker to depart.

Lee has been replaced by Tamio Honma, the Tokyo-based head of financial institution sales for global and domestic debt and equity products, said Aston Bridgman, a spokesman for Deutsche Bank in Tokyo. Honma retains his previous role and is jointly responsible for global Japanese equity sales with Murray Wilson in New York and Matthew Hall in London, Bridgman said.

Deutsche Bank hired Lee in September 2005 from UBS AG's (UBSN.VX) Tokyo office where he served as head of Japanese equity sales. Lee had also worked at Goldman Sachs Group Inc (GS.N).

Lee follows other senior bankers who left the firm last year, including Doug Howland, who led Deutsche Bank's equity capital markets in Tokyo and is now with JPMorgan Chase & Co (JPM.N), and Kohei Yuki, who rejoined Morgan Stanley (MS.N) as vice chairman.

Henry Ritchotte, head of Deutsche Bank's global markets in Japan, is scheduled to move to London as chief operating officer for the global markets division, the bank said in March.

Charles Martin, co-head of mergers and acquisitions, also left Deutsche Bank in Tokyo, while Koichiro Yasuda continues to serve as head of M&A, said financial sources familiar with the matter.

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