Bloomberg News reports that Smith, who is global head of health-care investment banking at Credit Suisse, will be joined at Centerview by Michael Muntner, who is also leaving the lender’s health-care team, the people said, asking not to be identified as the matter is private. They’ll be based in New York, where Centerview has its headquarters, they said.
In the meantime, Bloomberg also reports that Jacques Brand, the veteran Deutsche Bank dealmaker who oversees its business in the Americas, is leaving to join merger-advisory firm PJT Partners, according to a person briefed on the move.
Brand informed Deutsche Bank he’s stepping down as the region’s chief executive officer to pursue another opportunity, co-CEOs John Cryan and Juergen Fitschen said Monday in a statement, without indicating where he’s going. The bank will name a successor “in due course,” they said.
Finally, Reuters reports that RBC Global Asset Management, the asset management unit of Royal Bank of Canada, named Patrick Drennan as managing director and sales representative of liquidity management.
Prior to joining RBC, Drennan was responsible for marketing BNY Mellon's money market portal and corporate trust products as vice president.