• Most Popular
  • Most Shared

Deutsche hires three UBS Asia corp. fin. bankers

Mon Sep 8, 2008 10:54pm EDT

Stocks

   

HONG KONG, Sept 9 (Reuters) - Deutsche Bank (DBKGn.DE) said on Tuesday that it had hired three corporate finance specialists from rival UBS (UBSN.VX)(UBS.N) in a move to build out its North Asia investment banking franchise.

Stocks  |  Global Markets  |  China

The German investment bank said that Heidi Yang, who was previously head of the Greater China corporate finance group at UBS, would join as managing director and head of the corporate advisory group for Asia.

Also joining Deutsche Bank from UBS are Danny Lee and Johnson Ngie, both as directors in the corporate advisory group for Asia, Deutsche said.

While UBS has been one of the biggest victims of the subprime mortgage crisis, Deutsche has been comparatively unscathed. (Reporting by Tony Munroe; editing by Jonathan Hopfner; tony.munroe@reuters.com; Reuters Messaging: tony.munroe.reuters.com@reuters.net; +852 2843 6358, Fax +852 2845 0636)

Stocks
Global Markets
China


More from Reuters

Photo

Business spending holds back economic growth

WASHINGTON (Reuters) - The economy grew at a much slower pace than previously thought in the third quarter, restrained by weak business investment and a slightly more aggressive liquidation of inventories, data showed on Tuesday.

» More Top News
Guadalupe Hernandez receives an ultrasound by nurse practitioner Gail Brown during a prenatal exam at the Maternity Outreach Mobile in Phoenix, Arizona October 8, 2009. Credit: REUTERS/Joshua Lott

Health reform inches closer

Democrats are on the verge of passing landmark legislation by Christmas, with only one more hurdle remaining.  Full Article | Video 

Healthcare Reform
Photo

The end of the carry trade?

Borrowing the dollar cheaply to fund purchases of higher-yielding assets was a no-brainer in 2009, but will it be a safe bet in 2010?  Full Article 

CURRENCIES