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

Steinbrugge: Will Hedge Funds Help or Hurt During the Next Market Correction?

Sep 7 2016 | 11:55pm ET

Most investors have become accustomed to quick rebounds when markets correct, but...

Lifestyle

Quattrex Sports AG Debuts Soccer-Focused UCITS Fund

Sep 9 2016 | 9:54pm ET

Innovative alternative investment company Quattrex Sports has unveiled a new UCITS...

Guest Contributor

Malik: The Ever-Changing Middle Market and The Entering Class of 2016

Sep 2 2016 | 5:01pm ET

Deal sourcing and origination is only going to get more competitive given current...