Michael Lam is to join Deutsche Bank as head of North Asia debt capital markets origination, sources say.
He is expected to start after a three-month gardening leave and will report to Patrick Tsang, head of cross-border debt capital markets DCM for Asia ex-Japan. Lam will be based in Hong Kong.
Up until now, Lam has been responsible for DCM coverage for Southeast Asia at Credit Suisse where he reports to Derek Armstrong, head of Asia DCM. Lam has held this post since 2007. Prior to this he was with Nomura.
The news of his departure comes only two weeks after Credit Suisse announced the hire of Hital Desai from Goldman Sachs to boost...