Bloomberg - Deutsche Bank courts group of hedge fund managers

Hedge Fund

Deutsche Bank’s hedge fund clients have had a front-row view of tumult this year, as the bank’s new leader unveiled another strategy, dramatically shrinking its U.S. prime brokerage.

Bloomberg News reports that now the firm is trying to reassure some of its most important customers in New York -- those it wants to keep - that it’s ready to handle their business.

The bank invited a select group of hedge fund managers and other institutional investors to meet and mingle with at least a half dozen of its most senior executives, including Chief Financial Officer James von Moltke, at the Lotte New York Palace Hotel in Manhattan late Thursday afternoon, according to people with knowledge of the plan.

Hit the link below to access the complete Bloomberg News article:

Deutsche Bank Courts New York Hedge Funds After Cuts

Wells Fargo Said to Face DOJ Probe of Wholesale-Banking Unit




Have something to tell us about this article?

JefferiesAnd the Best Place to Work in the global financial markets 2018 is...