When Ed Peter arrived in Asia in 2001 there were many cynics who doubted the claim that he would transform Deutsche's equities franchise from an also-ran to a top three player. Deutsche had attempted as much on two previous occasions, and imploded on both tries.
Peter did not give the naysayers much time. In a spate of hiring that surprised even the most optimistic headhunters, he poached 77 top sales, trading and research staff from higher-ranked rivals in his first nine months. Nicknamed the Blue Cow by FinanceAsia - thanks to the lifesize blue cow he kept at the corner of the equity trading floor - the culture he built...