Deutsche Bank Weighs Investment Bank Choices, Handelsblatt Says

Deutsche Bank AG (DBK)’s incoming co-chief executive officers, Anshu Jain and Juergen Fitschen, plan to decide in March on two managers to head the investment banking unit, Handelsblatt reported, citing unidentified people in the banking industry.

The top candidate to lead the securities-trading business is Colin Fan, who now heads trading in corporate bonds for emerging markets, the newspaper said, adding that Michele Faissola, the head of trading in sovereign bonds and raw materials, is also a possibility for the position.

Stephan Leithner, who is currently head of investment banking in Germany, may get responsibility for corporate finance, advising on mergers and acquisitions, securities placements and transaction banking, Handelsblatt said. Another candidate for that job is Robert Rankin, who heads Deutsche Bank’s operations in Asia, according to the report.

To contact the reporter on this story: Cornelius Rahn in Frankfurt at crahn2@bloomberg.net

To contact the editor responsible for this story: Kenneth Wong at kwong11@bloomberg.net

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