Deutsche Bank has made some new hires in its New York foreign exchange sales and trading division.
Jeff Wischhover joins as a director in FX sales in New York. Wischover left Bank of America in March where he was a principal and team leader in North American hedge fund sales (Squawkbox, March 17, 2008). He reports to David Steck, head of institutional investor sales for FX in North America.
Chris Lutton joins as a director in FX sales based in San Francisco, also reporting to Steck. Lutton also joins from Bank of America, where he was a principal and vice president in West Coast institutional sales. Prior to BofA, he spent five years at Goldman Sachs in New York and in Tokyo in FX sales and marketing.
Angela Lockhart Raitzin joins as a director in structured products sales, reporting to Hans Ephraimson, managing director and head of the alternative distribution group in North America. Raitzin joins from JP Morgan. Prior to JP Morgan she was head of structured products for Credit Suisse First Boston's private client services division.
The sales team join Greg Fiori, formerly executive director for FX spot trading at JPMorgan, who joins Deutsche as a director and FX trader based in New York (Profit & Loss, May 2008). Fiori will be responsible for the Australian and New Zealand spot books and reports to Greg Knight, director and head of FX spot trading in North America.