Deutsche’s M&A head leaves quietly

Gordon Paterson has left Deutsche Bank, which has not yet hired a new head of M&A for Asia-Pacific (ex-Japan).

Deutsche Bank’s Asia-Pacific (ex-Japan) mergers and acquisitions head, Gordon Paterson, has left the bank.

Apparently, he left about three months ago, but Deutsche kept the departure under wraps. The bank is not commenting and it has not appointed a successor.

As of November 1, Deutsche ranked seventh in the region for completed M&A deals, according to Dealogic. It had advised on $20 billion worth of deals, as compared with top ranked Goldman Sachs’s $42.9 billion.

Paterson could not be reached for comment, but sources at Deutsche said they were under the impression he had left investment banking.

Paterson was appointed head of M&A for Asia-Pacific in May 2007. He joined Deutsche from Citi, where he was head of M&A Asia Pacific (ex-Japan). He had previously held senior M&A and corporate roles with Credit Suisse in Asia; Donaldson, Lufkin & Jenrette in New York and Hong Kong; and Burns Fry in Canada.

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