- REUTERS/Kai Pfaffenbach
Deutsche Bank has hired a new head of equity derivatives for the Americas.
The German bank has hired David Silber from Citigroup, according to people familiar with the matter. He is expected to start in the second quarter.
At Citigroup, Silber was head of North America execution sales. He had been promoted to that role in January.
Deutsche last week made a big hire in investment banking, poaching UBS’ head of healthcare M&A in Europe, Glenn Rewick.
The German bank earlier this month announced a new strategy, recombining corporate finance, markets and global transaction banking as part of an integrated Corporate & Investment Bank. Marcus Schenck was named to cohead the combined division with Garth Ritchie.
Silber’s departure from Citigroup follows that of Marilyn Clark, who head been head of head of US equity sales for the Americas.
Clark retired from Citigroup at the end of February after 29 years with the firm.