People: Deutsche's New Vice Chairman Has a Big Fan: General Electric

Deutche Bank hires banking boutique owner Utendahl as vice chairman with public kudos from the CFO of his long-time client, GE [TheStreet.com]

BTIG launches convertible securities business, hires Langer from Stanfield Capital to lead team of five new hires from varied firms [BTIG LLC]

Barclays elevates Fagen to head of global equities electronic trading distribution, from co-head of Americas liquid market sales [Traders Magazine]

SunTrust promotes Lienhard from treasurer to SVP-strategic finance and administration and promotes Gillani to treasurer from chief market risk officer [Atlanta Business Chronicle]

UBS hires Credit Suisse executive Gaehwiler from Credit Suisse as CEO of UBS Switzerland and co-CEO of Wealth Management & Swiss Bank unit, replacing Morra [UBS]

Towers Watson hires Mercer's Hunt as sustainable investment consultant, among 35 additions to its UK staff in past eight months [Pensions & Investments]

Colorado taps Strunk as state banking commissioner, filling a role that's been vacant more than a year. He was president of Kirkpatrick Bank [Denver Post]

Hypo Real Estate CEO Wieandt resigns amid dispute with government stabilization fund that controls the financing company. Interim replacement is Manuela Better, the firm's chief risk officer [WSJ]