Deutsche Bank today announced the appointment of Barry Bausano and Jonathan Hitchon as Co-heads of Equity Prime Brokerage, effective immediately.
Bausano, previously Global Head of Hedge Funds, will be responsible for the client facing aspects of prime brokerage while Hitchon, previously Global Head of Prime Services, will continue to lead the development of the platform’s award-winning product offering.
Both Hitchon and Bausano have extensive experience in the hedge fund industry, on both the buy side and the sell side, and will jointly report to Yassine Bouhara, Head of Global Markets Equity, and Alan Cloete, Head of Global Finance and Foreign Exchange.
Yassine Bouhara, Head of Global Markets Equity, commented: “Deutsche Bank is already the market leader in product execution to hedge funds globally. These two key appointments will form the basis of providing a seamless service to clients across asset classes.”
Mel Gunewardena will remain in the role of Global Head of Fixed Income Prime Brokerage, reporting to Alan Cloete.
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Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With Euro 1,097 billion in assets and 67,474 employees in 73 countries, Deutsche Bank offers unparalleled financial services throughout the world. The bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.
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