Faissola Seeks Deutsche Bank Profit in Money Management Overhaul

Faissola Seeks Deutsche Bank Profit in Money Management Overhaul

Hannelore Foerster/Bloomberg

The Deutsche Bank AG headquarters are seen in Frankfurt. Faissola, who has known Jain since 1995 and reported to him since 2000, was named head of the new unit after helping expand Deutsche Bank’s rates and commodities operations and building the exchange-traded funds business from its inception, Jain said.