Deutsche Bank has hired Glenn Rewick, most recently head of healthcare M&A for UBS Group AG in Europe, Middle East and Africa, as a managing director in its San Francisco office, according to an internal memo reviewed by Reuters.
The news agency reports that Rewick will report to Charlie Dupree, Deutsche Bank's head of Americas M&A, according to the memo, which was circulated within Deutsche Bank on Tuesday and confirmed by a spokeswoman for the German bank.
"As we continue to invest in our M&A platform, his appointment will help strengthen our strategic capabilities, specifically in healthcare where the pace of activity continues to be strong," Dupree said in the memo.
In the meantime, Reuters reports that a senior executive of the Taiwan branch of Credit Suisse Group is under investigation for suspected insider trading, a Taiwan prosecutor said on Wednesday.
The executive is suspected of illegal trading related to the June purchase of local firm Hermes Microvision Inc by the Netherlands' ASML Holding NV, for which Credit Suisse acted as advisor, Taipei District Prosecutors Office spokesman Chang Chieh-Chin told the news agency.