Three senior Deutsche Bank AG investment bankers in Asia have left the company since late April, said two people with knowledge of the matter.
The departures included managing directors Peter O’Malley and Henry Ayliffe, who headed the Asian natural resources and general industries coverage groups respectively, said one of the people, declining to be identified because no announcement has been made. Eugene Tan, a director on O’Malley’s team, and two junior analysts in the group also left, the person said.
Michael West, a Hong Kong-based spokesman at Deutsche Bank, declined to comment. Calls to O’Malley’s and Tan’s offices in Hong Kong went unanswered. Ayliffe declined to comment.
Deutsche Bank hired Yash Kaman from JPMorgan Chase & Co. as co-head of its natural resources banking group in Asia, a person with knowledge of the matter said last week.
The Frankfurt-based bank in February hired James Roth from UBS AG to run the Asian general industries group, focusing on industrial, health-care, consumer and retail companies. Roth was a former colleague of Robert Rankin, who joined Deutsche Bank last May from UBS as chief executive officer of Asia-Pacific.
To contact the reporter on this story: Cathy Chan in Hong Kong at Kchan14@bloomberg.net.