Deutsche Bank Said to Part Ways With Two in CMBS Trading Group

A trader and salesman in Deutsche Bank AG’s commercial-mortgage backed securities group in the U.S. have departed, according to two people with knowledge of the situation.

Aaron Greenberg, co-head of trading in the group, and Joseph Reardon, a salesman, left the bank this week, said the people, who asked not to be named because the decision wasn’t public.

An individual reached on a mobile phone under Greenberg’s name hung up and then didn’t return a message seeking comment. A person who answered Greenberg’s desk phone at the bank who didn’t identify himself said Greenberg no longer worked there. A message left at a telephone number for an individual with Reardon’s name wasn’t returned, while someone who answered his work number directed calls to the lender’s media office.

Amanda Williams, a spokeswoman in New York for Deutsche Bank, declined to comment.

Greenberg joined Deutsche Bank in 2011 from Morgan Stanley, according to Financial Industry Regulatory Authority records. Reardon joined the bank in 2004.

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