Deutsche Bank Said to Name McMurdo to Run Asia Investment Bank
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Deutsche Bank AG is set to name James McMurdo to run corporate and investment banking in Asia Pacific as the lender reshuffles senior management in the securities unit, people familiar with the plan said.
McMurdo, who runs the firm’s Australian unit, will probably relocate to Hong Kong, said one of the people, who asked not to be identified because the details are private. An announcement on the remaining management changes in investment banking and trading could come as soon as today, one of the people said. Deutsche Bank declined to comment.