Deutsche Bank to Hire Goldman’s Solomon for Mortgage Trading

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Deutsche Bank AG hired Ben Solomon from Goldman Sachs Group Inc. to run commercial-mortgage backed securities trading as banks ramp up groups dedicated to real estate debt.

Solomon, who traded derivatives tied to commercial real estate loans at New York-based Goldman Sachs, will run secondary commercial-mortgage backed bond trading at Deutsche Bank, according to a person familiar with the move. Renee Calabro, a spokeswoman for the Frankfurt-based lender, confirmed the hire.