Deutsche Bank will be out to win a bigger slice of private equity work in Australia after tapping a London-based banker to head its financial sponsors coverage.
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Deutsche Bank snaffles Morgan Stanley banker for real estate
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Deutsche Bank has hired Morgan Stanley executive director Amit Sheshinski to spearhead its real estate sector coverage in Australia.
Deutsche Bank told staff on Monday that Sheshinski was joining the bankâs local origination and advisory team as head of real estate, where he will be tasked with offering advice and funding to the bankâs clients.
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Sheshinski will report to Hugh Macdonald, who is head of investment banking coverage and advisory for Deutsche Bank in Australia.
âWe look forward to welcoming Amit to the team to bolster our real estate coverage, a sector of historical strength for Deutsche Bank both in Australia and globally,â he said in a statement to Street Talk.
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SYDNEY, Feb 11 (Reuters) - Deutsche Bank said on Thursday it had hired Martin Nosek, Nomura Holdings Inc’s financial institutions advisory head in Australia, in his second innings with the German lender.
Nosek, who had worked at Deutsche Bank from 2005 to 2019 in London and Australia, will be responsible for “driving the coverage of Financial Institutions in Australia”, the bank said in a statement.
Representatives for Nomura, where according to Deutsche Nosek co-led the FIG group in Asia Pacific, did not immediately respond to a Reuters request for comment.
In 2018, Deutsche Bank closed its equities business and trimmed its advisory division in Australia, as it tried to become less reliant on its investment bank in an effort to stabilise its business. [reut.rs/2MLWM5T]