Deutsche Bank Securities, Inc. will add five senior bankers within Global Prime Finance, continuing the bank’s substantial investment in its prime brokerage business. All will be based in New York.
Anthony Demonte has joined as a director in Securities Lending, reporting to Paul Busby and Keith Babbitt, co-heads of Securities Lending in North America. Demonte joined from Lehman Brothers, where he worked for nine years in the capital markets prime services group, most recently as a senior vice president.
Tom Filipovits will join as a director in the Client Management group, reporting to Timothy Lennon, head of client management in the United States. Filipovits will join from Morgan Stanley, where he has worked for a year in its client solutions group.
Keith Weintraub will join as a director in Risk Management, reporting to Satish Ramakrishna, global head of risk for Global Prime Finance. Weintraub will join from Citigroup, where he was a director and head of development for the securitization group.
EJ Liotta will join as a director in the Product Development group, reporting to Mike Ginelli, global head of Product Development. Liotta will join from Merrill Lynch where he has worked for a year as a director responsible for prime brokerage technology.
John Dewey will join as a director in Product Management, reporting to Jeff Dorman, head of Global Prime Finance for North America and Chris East, director. Dewey will join from Lehman Brothers where he has worked for the past six years in the capital markets prime services group.
“With a superior integrated platform and a well-established global presence, Deutsche Bank is uniquely positioned to be a dominant provider of services to hedge fund clients,” says Barry Bausano, co-head of Global Prime Finance. “I am pleased to welcome these five seasoned executives to our team and I am confident that each will play an important role as we continue to expand the business.”