Fan and Rankin to run Deutsche investment banking

Deutsche Bank is set to name Colin Fan and Rob Rankin as co-CEOs of the global investment bank, as part of a widespread reshuffle.

Fan, who is currently based in London as global head of credit trading and emerging markets, will oversee global sales and trading. Rankin, who is head of Asia, will oversee origination and corporate finance. It is unclear if he will relocate to Frankfurt, London or remain in the region.

The moves are part of a wider reallocation of global roles ahead of Anshu Jain and Juergen Fitschen becoming co-CEOs of the bank in June. Also on the move are Michele Faissola, who switches...