Deutsche Bank has named Rob Ebert head of equities for Asia, Japan and Australia, at a time when Germany’s flagship lender is looking to invest in the franchise.
Ebert replaces Dixit Joshi who is moving to London to be the bank’s global head of prime finance. Both will report to Garth Ritchie who runs equities globally.
Deutsche Bank said on April 27 it plans to invest in equities as part of its five-year plan and redeploy capital away from other parts of the business such as repos and long-dated derivatives.
In Asia the bank’s executives are betting that China’s plans to open up its...
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