Deutsche Bank is boosting European interest rates trading team with three new hires in London, despite signalling earlier this year that it would scale back.
The bank hired Kal El-Wahab and Kilian Frensch from Credit Suisse and Brevan Howard as well as Ryan Sbarra from Bluecrest, who’ll head up the Sterling desk.
Sam Wisnia, head of rates in Europe, said: “We are committed to maintaining our world-class client franchise in rates and continue to invest in this space.”
It may mark one of several shifts that new co-CEO John Cryan is preparing to make after taking over the reigns from Anshu Jain, who was ousted in June.
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