Deutsche Bank Loses Co-Head Of HF Financing

Nov 14 2013 | 1:36pm 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.


In Depth

Q&A: MackeyRMS's Chris Mackey On A High Tech Fix To Broker Votes

Jun 23 2017 | 8:17pm ET

The looming implementation of the EU’s MiFID II rules regarding research has put...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Steinbrugge: Asia-Focused Hedge Funds Offer Great Opportunities

Jun 23 2017 | 3:33pm ET

Emerging market strategies have outperformed their developed-market peers for five...

 

From the current issue of