Deutsche turns to JP Morgan for syndicate hire

Deutsche Bank taps veteran syndicated banker from JP Morgan as the German lender reorganizes its Asian debt business.

Deutsche Bank has hired an experienced JP Morgan banker as its new head of Asia debt syndicate, picking Ed Tsui to take the newly-created position.

Tsui will join the German bank in mid-October and will report to Jake Gearhart, head of debt syndication and origination for Asia Pacific region, according to an internal memo seen by FinanceAsia.

The move means that Gearhart, who took up his post in January, will now have more time to bridge the gap between syndicate and origination. He previously handled syndication on the vast majority of Asian G3 transactions for Deutsche, a full-time job even before his other responsibilities....

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