Deutsche Bank has named Ted Wasserman as managing director and the head of equity derivatives flow sales for North America within the bank’s markets division.

Mr Wasserman will be based in New York and report to Derek Capanna, head of the institutional client group – equity, for North America.

Mr Wasserman will join Deutsche Bank from Goldman Sachs, where he was most recently a managing director in equity derivatives sales and the co-head of hedge fund derivatives sales.

Mr Capanna said: “We are pleased to welcome Ted as we expand our equity sales force to meet the demands of our increased client base in North America. We are confident that Ted’s experience and track record will benefit our team and clients in the region.”