Discover your dream Career
For Recruiters

Deutsche Bank just hired an MD who left SocGen

As Société Générale pulls back from some of its riskier trading activities, some of its senior staf may be picked up elsewhere. 

Deutsche Bank is no longer in the market for equity derivative professionals but it's still open to recruiting in the booming area of macro trading. Accordingly, it's scooped up a SocGen MD who previously led structured finance hedging in London but who had a background in rates and FX sales.

Jean-Philippe Castellani joined Deutsche Bank in London this month. According to his LinkedIn profile,  Castellani will be head of sales for Southern Europe and the "FraBeLux" region and will lead DB's FX risk management solutions teams. 

Deutsche Bank declared its intention of restarting job cuts in May 2020. However, the German bank has also been recruiting in fixed income sales and trading, where its revenues rose 25% year-on-year in the first half of 2020. Data from Burning Glass suggests that Deutsche was one of the biggest banking recruiters in the UK and the US between May and August this year. 

 

Have a confidential story, tip, or comment you’d like to share? Contact: sbutcher@efinancialcareers.com in the first instance. Whatsapp/Signal/Telegram also available. Bear with us if you leave a comment at the bottom of this article: all our comments are moderated by human beings. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. Eventually it will – unless it’s offensive or libelous (in which case it won’t.)

Photo by Jon Tyson on Unsplash

author-card-avatar
AUTHORSarah Butcher Global Editor

Sign up to Morning Coffee!

Coffee mug

The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.

Boost your career

Find thousands of job opportunities by signing up to eFinancialCareers today.
Recommended Articles
Latest Jobs
Morgan Stanley
Manager- Internal Fraud- Vice President
Morgan Stanley
Baltimore, United States
BNY  Mellon
Director, Credit Risk - Private Banking
BNY Mellon
Pittsburgh, United States
BNY  Mellon
Senior Vice President, Broker-Dealer Credit Risk
BNY Mellon
Pittsburgh, United States

Sign up to Morning Coffee!

Coffee mug

The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.