Deutsche Bank has named Craig Bench and John O’Brien co-heads of equity distribution for the U.S. after former boss Derek Capanna departed for UBS, according to two people with knowledge of the moves.
Bloomberg News reports that Bench and O’Brien are both based in New York and report to Jonny Potter, who had been running equity sales at Deutsche Bank with Capanna, said the people, who asked not to be identified without authorization to discuss the changes publicly. Capanna now heads global equities distribution for UBS.
In the meantime, Bloomberg also reports that Goldman Sachs has hired Anders Fogh Rasmussen, a former prime minister of Denmark and ex-NATO chief, to help tackle the political hurdles the bank has encountered since buying into a state utility last year.
Rasmussen, who governed Denmark from 2001 until 2009 and stepped down from NATO last year, is being brought on as a consultant at the Wall Street bank as the government prepares to release a series of confidential documents on Goldman’s purchase of a stake in Dong Energy A/S.