Sunday, 5 July 2015
Last updated 1 hour ago
Nov 14 2013 | 12:36pm ET
Deutsche Bank's co-head of hedge fund financing is leaving the firm.
Jon Hitchon, who has been with the investment bank for 15 years, is leaving his post as co-head of global prime finance, a DB spokesperson confirmed for Bloomberg.
Hitchon will be replaced by Murray Roos, who has held a number of senior equities roles at the bank.
A memo to employees Wednesday said Hitchon was leaving to “pursue other career opportunities,” reported the New York Post, quoting an unnamed source who described the departure as “an amicable split.”
Hitchon, along with co-head Barry Bausano, is credited with building DB's global prime brokerage business.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…