After more than six months of largely bad news on the employment front -- here is an announcement that is a true win-win for both the bank and the individual. Deutsche Bank is in the process of finalising a contract to hire former senior UBS banker Robert Rankin as CEO for Asia-Pacific ex-Japan, but including Australia.
Here is why the announcement is a coup. Rankin used to run the Asia-Pacific investment banking division for UBS. While at UBS, he was well known as a dealmaker who was able to juggle four transactions and keep his eye on the next six. A conversation with Rankin is an exercise in itself -- he's so...