Deutsche Bank Wealth Management scoops Citi managers
Deutsche Bank Private Wealth Management has hired two relationship managers from US rival Citi, the latest in a string of senior hires for the German bank's London office.
The bank confirmed the appointment of Dan Cefai as a director in its London wealth management office. He joined from Citi where he worked since 2002, most recently as a senior vice president. Before Citi he was at HSBC since 1997.
In June Annabel Stephens joined the German bank's private wealth business as a relationship manager, also from Citi.
Both report to Juliet Wedderburn, head of the London office for private wealth management UK.
Deutsche Bank's wealth management division has gone on the front foot to attract new talent for its London office. Over the last four months it hired seven senior staff, five at director level and two vice presidents.
Melanie Cassoff, Nataša Williams and Beatrice Rates joined recently from UBS, Andreas Wichmann and Joe Knight came from Credit Suisse, Neil Murray was tapped from JP Morgan Private Bank, and Robin Perry joined from Barclays Wealth.
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