Deutsche Bank sees Asia natural resources team shake up

HONG KONG, April 30 (BestGrowthStock) – Deutsche Bank (DBKGn.DE: ) has
lost two top members of its Hong Kong-based natural resources
investment banking team, and hired a co-head of the group from
J.P. Morgan (JPM.N: ), sources told Reuters on Friday.

Deutsche’s former natural resource team leaders, Peter
O’Malley and Eugene Tan had left the bank, effective immediately,
two sources with direct knowledge of the situation said.

Deutsche Bank would soon announce that it had hired Yash
Kaman — a senior resources banker at J.P. Morgan — as co-head
of the natural resources team, and the bank would make another
senior level appointment soon, another source said.

Both sources were not authorised to speak publicly about the
matter and declined to be identified.

Deutsche Bank and J.P. Morgan declined to comment.

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Deutsche Bank sees Asia natural resources team shake up