Deutsche Bank has appointed Michael R Halsband as a director in its capital markets and treasury solutions group.
Mr Halsband joins from Goldman Sachs, where he was a vice president in the investment bank’s financing group, responsible for the origination, structuring, execution and marketing of catastrophe bonds, sidecars and insurance securitisations.
In his new role, he will be working with financial institutions’ clients and reporting jointly to Deutsche Bank’s head of debt & solutions coverage for financial institutions, Paul Puleo, and director of debt & solutions coverage, financial institutions, Craig Wenzel.
Also this week, Deutsche Bank has announced that it has entered into an agreement to transfer its credit card business in India to IndusInd Bank.
The move is in line with the group’s strategy of building its retail banking business in India around deposits, wealth management, and secured lending.
The bank currently has 15 branches in the country and intends to open more this year.
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