Deutsche Bank hires Michael Leung from UBS

Leung will head up the bankÆs asset-backed securities trading division in non-Japan Asia.

Deutsche Bank has appointed Michael Leung as director and head of asset backed securities trading in Asia ex-Japan. Leung was most recently executive director of the fixed-income division at UBS in New York.

In this newly created position, Leung will work with the global credit trading product group, focusing on all classes of asset-backed securities, including residential mortgage-backed securities.

Based in Singapore, he will report regionally to Greg Park, the bankÆs head of securitisation in Asia ex-Japan, and Chetankumar Shah,...

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