People News: Deutsche Bank, Goldman Sachs

Exit Sign

Deutsche Bank’s head of Russian operations, Pavel Teplukhin, will step down in August as the lender scales back its local business in the wake of a money-laundering scandal.

Bloomberg News reports that Teplukhin, 52, will remain on the bank’s Russian supervisory board and his executive responsibilities will be transferred to the chairman of its management board, Annett Viehweg, Deutsche Bank said Wednesday in an e-mailed statement. He joined the lender in 2012.

In the meantime, Reuters reports that Thomas Hansson, an executive director in Goldman Sachs' debt capital markets team, has left the bank, according to people familiar with the matter.

Hansson joined the firm in July 2010, and before that worked in DCM at BNP Paribas covering the high-grade corporate and then high-yield markets.

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