Deutsche Bank’s Mayer To Cerberus

Jul 9 2014 | 6:17am ET

A top Deutsche Bank executive is leaving to join private-equity firm Cerberus Capital Management.

The German bank announced Jeffrey Mayer’s departure yesterday in an internal memorandum. Mayer, currently head of North American corporate banking and securities, will remain at Deutsche Bank through the end of the month.

“We are grateful for his leadership and the work he has delivered during his time at the bank,” the memo, signed by co-heads of corporate banking and securities Colin Fan and Robert Rankin, read. “We wish him every success in his new endeavor and look forward to working with him as a client.”

Mayer has been with Deutsche Bank since 2010, joining it after a short stint at UBS. Prior to its collapse and sale in 2008, Mayer spent 19 years at Bear Stearns.


In Depth

GSAM’s Papagiannis on Liquid Alternatives

May 25 2016 | 5:07pm ET

The popularity of liquid alternatives strategies has blossomed in recent years,...

Lifestyle

From Modern Trader: Stephen Curry is a Black Swan

May 18 2016 | 7:43pm ET

What do the rise of the Internet, the sinking of the Titanic, 9/11, and Stephen...

Guest Contributor

LendingClub and the Question of Internal Hedge Funds

May 19 2016 | 8:42pm ET

Peer-to-peer lending platform LendingClub Corp. has been in the news since the firm...