Deutsche Bank Hires Former Lehman Credit Trader

May 8 2009 | 11:55am ET

Deutsche Bank is ramping up its Global Markets division with the addition of Timothy Fischer as a managing director in global credit trading.

Fischer will be based in New York and trade high yield bonds and credit derivatives. He will report to Nick Pappas and Ray Costa, co-heads of investment grade, high yield and distressed debt trading for the U.S.

Fischer joins the bank from Barclays PLC, which acquired Lehman Brothers' North American investment banking, sales and trading divisions in September. At Lehman Brothers, Fischer was co-head of high yield trading for North America. Prior to that, he traded high yield debt at CIBC and Scotia Capital.
 
"Tim's hire reiterates our commitment to providing world-class flow trading capabilities in credit. He is considered one of the top-ranked high yield traders on the Street and we look forward to working with him," said Pappas.


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...