Deutsche Bank Names Jeffrey Chang as Co-Head of US High Yield Credit Trading
May 15 2017 - 10:00AM
Business Wire
Deutsche Bank today announced that it has hired Jeffrey Chang as
Co-Head of US High Yield Credit Trading, as well as Vivek Raman,
Doug Davies, Christopher Richez, Andrea Perla, Alex Diss and Premal
Shah in Global Markets Americas, Debt.
Jeffrey Chang will join as Co-Head of US High Yield Credit
Trading alongside James Nessel who joined the bank in August 2016.
Chang has 12 years of trading experience and was most recently
Executive Director and Head of High Yield Trading and Research at
UBS. Prior to UBS, he covered corporate credit trading as Executive
Director at Morgan Stanley. Chang received both his BA in Computer
Science and MS in Management Science and Engineering from Stanford
University. He will be based in New York and report to Shawn
Faurot, Head of Credit Trading, North America.
“Jeffrey’s experience and deep understanding of the market will
be an asset to our credit trading team, and will further strengthen
our broader debt franchise,” said Shawn Faurot, Head of Credit
Trading, North America.
In addition, Vivek Raman also joins from UBS as a Vice President
in US high yield credit trading reporting to Chang and Nessel in
New York. He was most recently at UBS on the high yield and
distressed credit trading team. Prior to UBS he spent a decade at
Morgan Stanley in a similar role. Raman received his BA in
Economics from Yale University.
Doug Davies has joined as a Director in US high yield sales.
Davies was most recently an Executive Director at Morgan Stanley in
high yield and distressed sales. Davies received his BA in History
at the University of Virginia. Davies is based in New York and
reports to Faris Naber, Head of Credit Sales, North America.
Alex Diss has joined as a Vice President in US high yield sales.
Diss was most recently a Senior Vice President at RW Baird in high
yield sales. Diss received his BA in Economics and Business from
Lafayette College. He is based in New York and reports to Faris
Naber, Head of Credit Sales, North America.
Christopher Richez will join as a Director in investment grade
financial trading. Richez was most recently Executive Director at
Crédit Agricole on the investment grade credit trading team. Richez
received his BA in Business Administration from the University of
Notre Dame. Richez will be based in New York and report to James
Kenny, Head of Investment Grade Credit and Index Trading.
Andrea Perla will join as a Vice President in US investment
grade credit sales. Perla was most recently at Citigroup where she
spent 10 years on the investment grade credit sales team. Perla
received her BS in Business Administration at the State University
of New York at Fredonia. She will be based in Boston and report to
Rich Joyce, Head of Investment Grade Credit Sales.
Premal Shah, Ph.D., has joined as a Director in the Americas
Debt Strats team. Shah was most recently Director at Barclays where
he was responsible for credit modeling and quantitative analytics.
Shah received his BA in Technology and Electrical Engineering at
the Indian Institute of Technology and his Ph.D. in Operations
Research at the Massachusetts Institute of Technology. He is based
in New York and reports to Bruce Langham, Head of Americas Debt
Strats.
About Deutsche Bank
Deutsche Bank provides commercial and investment banking, retail
banking, transaction banking and asset and wealth management
products and services to corporations, governments, institutional
investors, small and medium-sized businesses, and private
individuals. Deutsche Bank is Germany’s leading bank, with a strong
position in Europe and a significant presence in the Americas and
Asia Pacific.
This release contains forward-looking statements.
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facts; they include statements about our beliefs and expectations
and the assumptions underlying them. These statements are based on
plans, estimates and projections as they are currently available to
the management of Deutsche Bank. Forward-looking statements
therefore speak only as of the date they are made, and we undertake
no obligation to update publicly any of them in light of new
information or future events.
By their very nature, forward-looking statements involve risks
and uncertainties. A number of important factors could therefore
cause actual results to differ materially from those contained in
any forward-looking statement. Such factors include the conditions
in the financial markets in Germany, in Europe, in the United
States and elsewhere from which we derive a substantial portion of
our revenues and in which we hold a substantial portion of our
assets, the development of asset prices and market volatility,
potential defaults of borrowers or trading counterparties, the
implementation of our strategic initiatives, the reliability of our
risk management policies, procedures and methods, and other risks
referenced in our filings with the U.S. Securities and Exchange
Commission. Such factors are described in detail in our SEC Form
20-F of 11 March 2016 under the heading “Risk Factors”. Copies of
this document are readily available upon request or can be
downloaded from www.db.com/ir.
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version on businesswire.com: http://www.businesswire.com/news/home/20170515005212/en/
Deutsche BankPress and Media RelationsTracy McNamara, +1
212-250-0940tracy.mcnamara@db.com
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