Deutsche Bank has appointed Jeffrey Mayer as head of global markets for North America, managing the bank’s sales and trading business in the region.
Mr Mayer will report to Anshu Jain, head of the corporate and investment bank and member of the management board and group executive committee. Mr Mayer will be based in New York.
Mr Mayer will join the bank with over 20 years of cross-asset class sales, trading and management experience. Most recently, he was the executive chairman of fixed income, currencies and commodities and head of complex structured products at UBS. Prior to UBS, he spent 19 years at Bear Stearns, most recently as global co-head of fixed income.
Mr Jain said: “I am pleased that Jeff has decided to lead our sales and trading business in North America, a franchise that is vital to our global strategy and one where we have gained significant market share in recent years. Jeff’s record of leadership across multiple asset classes will serve our clients well as we build further on these gains.”