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Published on 5/17/2010 in the Prospect News High Yield Daily and Prospect News Investment Grade Daily.

Deutsche Bank adds five to bolster global credit sales and trading

By Jennifer Chiou

New York, May 17 - Deutsche Bank announced five senior hires in the global credit trading and institutional client groups within its global markets division:

According to a company release, they include:

• Jared Dolce as a director in high-grade credit sales. He will be based in the bank's Chicago office and will report to Casey Talbot, who is managing director and head of high-grade credit sales and co-head of credit sales. Dolce will join from Citi, where he was most recently head of Midwest credit sales;

• Nick Blewitt will join as a director in investment-grade trading in New York and will report to Masaya Okoshi. Blewitt will join from UBS, where he was most recently an executive director in corporate bond and credit derivatives trading;

• John Raveche as a director in investment-grade credit sales, reporting to Talbot. He will join from Barclays Capital, where he was an associate director in credit sales. Prior to Barclays, he was a vice president in credit sales at Nomura Securities International;

• Jason Locke as a director and head of U.S. credit trading in Asia Pacific. He will be based in Singapore and report to Okoshi, managing director and head of investment-grade credit trading in the Americas. Locke will join from HSBC in Hong Kong, where he was head of U.S. and European credit trading for the Asia Pacific region; and

• Mark Mulcahy as a director in non-investment grade sales. He will be based in New York and report to Faris Naber, head of non-investment grade sales and co-head of credit sales. Mulcahy will join from GFI Group, where he was a managing director in high-yield and distressed sales.


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