Deutsche hires

Deutsche's veteran debt banker Patrick Tsang quits industry

Herman Van den Wall Bake, who heads global risk syndicate for Asia, lands the top job as Deutsche's head of fixed income capital markets Asia.

After a banking career spanning 18 years, Patrick Tsang, head of Asia fixed income capital markets at Deutsche Bank, is leaving the industry. Tsang is taking time out and will be pursuing other more leisurely pursuits such as honing his golf swing.

Herman Van den Wall Bake, who heads global risk syndicate for Asia, has taken on responsibility for the Asia fixed income capital markets business, though Tsang will be staying on during the summer to ensure a smooth transition.

After a long banking career, Tsang said he is looking forward to a break “I am leaving to spend more time with my wife and...

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