Deutsche Bank names Derek Capanna Head of Americas Cash Equity Sales
Capanna was previously Regional Head of Institutional Equities Sales for U.S. Central and West Coast Regions. In his new role as Head of Americas Cash Equity Sales, Capanna will continue to expand the bank's product platform with innovative equity products for Deutsche Bank debt and equity institutional clients.
"The market insight and dedication to clients Derek has shown during his years at the firm gives me great confidence that he will thrive in this role," said David Manlowe, Americas Co-Head of Equities.
Deutsche Bank also announced that its Institutional Client Group (ICG) will now include Americas Cash Equity Sales, marking a continuing drive to enhance the capabilities and global distribution the group provides as the single face to the asset buying customer.
"The consolidation of institutional client coverage into a single, independent, globally-threaded unit has been a cornerstone of Global Markets' success for many years," said Fred Brettschneider, Head of ICG. "Adding our Americas Cash Equities Sales group to ICG will further leverage our ability to cross-sell equity products to both debt and equity institutional clients and will reinforce the global link of our equity sales force."
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