Deutsche Bank has hired Bob Keller as a managing director in global credit trading within the bank’s global markets division. In his role Mr Keller will trade cash and credit default swaps (CDS), and report to Masaya Okoshi, managing director and head of investment grade credit trading in the Americas. Mr Keller will be based in New York.
Mr Keller will join from Jefferies & Company, where he spent a year as a senior vice president in investment grade cash trading. Prior to Jefferies, he spent nine years at Merrill Lynch, most recently as a director in investment grade trading.
Deutsche Bank has also hired Casey Talbot as head of high grade credit sales and co-head of credit sales, and added five senior members to its credit sales and trading team.
Ray Costa, managing director and co-head of flow credit trading in North America, said: “We are delighted to welcome Bob to our team, and confident he will meet the high standards our clients have come to expect from us. It is especially important to have a deep bench of seasoned traders to guide clients though challenging markets.”
Nick Pappas, managing director and co-head of flow credit trading in North America, said: “The addition of Bob underscores our commitment to the cash side of our credit trading business, as well as recent steps we have taken to accommodate a prolonged surge in client demand.”