NEW YORK Oct 23 Deutsche Bank has
tapped a former Barclays Plc financial services banker
to be co-head of its global insurance group, according to an
internal memo sent to employees.
Gary Antenberg, who was most recently the head of Americas
Insurance at Barclays, has joined Deutsche Bank as managing
director and co-head of global insurance in the financial
institutions group, according to the memo sent on Tuesday and
reviewed by Reuters. He is based in New York.
Bill Nichol, based in Hong Kong, will co-head the global
insurance group with Antenberg, in addition to his current
responsibilities as head of Asia Pacific financials investment
banking coverage, according to the memo.
In addition, Stephen Fromm, head of Deutsche's Americas
Insurance unit, will become vice chairman of financial services
investment banking coverage, according to the memo.
Antenberg, Nichol and Fromm report to Tadhig Flood and
Richard Gibb, co-heads of the global financial institutions
Deutsche Bank worked with French insurer Scor in
its $910 million acquisition of Assicurazioni Generali's
U.S. life reinsurance business earlier this year.
The bank also represented Athene Holding Ltd in its $2.6
billion purchase of British insurer Aviva Plc's U.S.
annuity and life insurance operations, which also closed this