Deutsche hires new M&A head

In a move that signals a strategic push, Deutsche hires Douglas Morton to head M&A.

Deutsche has announced the hire of a new Hong Kong-based head of Asian MA. Douglas Morton joins from JPMorgan where he was a managing director and had worked in MA and industry coverage. Morton has over 18 years experience in corporate finance and had previously worked for Jardine Fleming and Robert Fleming - in both Asia and Latin America.

The announcement signals Deutsche's intent to grow a more meaningful MA franchise. Morton's alma mater, JPMorgan has regularly been top three in Asian MA in the past three years, and thus hiring a senior banker from this firm reflects a desire to upgrade its own team....

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