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Deutsche Bank has made some new investment banking hires

Oct 4, 2016, 04:55 IST

REUTERS/Kai Pfaffenbach

Deutsche Bank has made some new hires in its tech investment-banking and financial institutions groups.

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The firm has hired Brian Pitz as cohead of internet investment banking coverage, according to an internal memo from global tech, media, and telecom-banking coheads Gavin Deane and Mark Keene.

Pitz was previously with Jefferies and will begin with Deutsche Bank in January 2017.

Riaz Ladhabhoy, who has been with Deutsche Bank for 10 years, will join Pitz as cohead of internet banking, according to the memo.

"Internet is a large and dynamic sector which will continue to grow and remain active, especially as a historic wave of private companies seek entry to the public markets," Deane and Keene wrote.

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A separate memo from Celeste Guth, the global head of Deutsche Bank's financial institutions group, announced the firm had hired Jack Rabun from UBS as head of asset management investment-banking coverage for the Americas.

It has also promoted Carlos Alvarez to head of permanent capital within the financial institutions group.

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