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TIMELINE:
Deutsche Bank’s
prime brokerage &
electronic equities
APRIL
2015
The TRADE highlights some
of the key inflection points
for Deutsche Bank’s prime
brokerage and electronic
equities businesses that have
been casualties of the German
institution’s severe cost-
cutting measures announced
in July this year.
48 // TheTrade // Fall 2019
Co-head of global prime
finance, Murray Roos, leaves
Deutsche Bank to take on a
global equities role at Citi.
Deutsche Bank says it is
planning to shrink its bal-
ance sheet by €200 billion,
of which €40-50 billion will
be through client reduction.
JUNE
2015
Deutsche Bank makes
string of senior hires
to its equities team,
including former Gold-
man Sachs veteran
and head of European
execution commis-
sions management,
Robert McDermott.
These senior appoint-
ments reflect the
bank’s commitment
to electronic trading,
Deutsche Bank says.