Deutsche Bank’s China Joint Venture Said to Hire CCB’s Jiang

Deutsche Bank AG’s Chinese securities joint venture hired Jiang Peixing from China Construction Bank Corp.’s investment banking unit, said three people with knowledge of the matter.

Jiang, deputy chief executive officer of China Construction Bank International Ltd., will help manage Deutsche Bank’s venture with Shanxi Securities Co., the people said, asking not to be identified before an announcement. His appointment is subject to approval by China’s bank regulator, one person said.