• Deutsche Bank likely to axe 1,000 U.S. investment bank jobs: source

    5 monthes ago - By Reuters

    FRANKFURT - Deutsche Bank is expected to cut around 1,000 jobs or 10 percent of its workforce in the United States, a person familiar with the matter said on Friday, as the German lender scales back its global investment banking ambitions.
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  • UBS has hired a top investment banker from Deutsche Bank amid a major ramp-up of its US dealmaking team

    UBS has hired a top investment banker from Deutsche Bank amid a major ramp-up of its US dealmaking team

    5 monthes ago - By Business Insider

    UBS has hired another senior investment banker from Deutsche Bank.
    Carlos Alvarez joins UBS as the US head of specialty finance and permanent capital, according to a memo seen by Business Insider.
    The hiring is one in a string of recent additions by UBS' investment bank in the US, which is undergoing a push to ramp up its dealmaking presence.
    UBS has hired Carlos Alvarez, a long-tenured senior investment banker with Deutsche Bank, to join its financial institutions group as the US head of specialty finance and permanent capital, according to a memo seen by Business Insider.
    Alvarez will...
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