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Emerging Markets

Deutsche Bank asks Denis MacCarthy to leave

The bank has asked Denis MacCarthy to leave, its co-head of institutional client group equity sales for Asia-ex-Japan. His sudden exit comes at a curious time, since the bank has been adding to its equities team.

  • 10 Dec 2009
Deutsche Bank has asked Denis MacCarthy, co-head of institutional client group (ICG) equity sales for Asia ex-Japan, to leave the firm, asiamoney.com can exclusively reveal.

The sudden departure of one of the division’s most senior managers is understood to have happened either today or yesterday.

MacCarthy joined the bank ...

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Rank Lead Manager Amount $m No of issues Share %
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2 Citi 7,243.90 28 10.05%
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4 Morgan Stanley 5,107.08 12 7.09%
5 Deutsche Bank 5,059.04 30 7.02%

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2 HSBC 2,498.63 6 0.00%
3 Citi 2,158.06 6 0.00%
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5 BBVA 1,735.39 3 0.00%

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1 Citi 2,033.46 9 13.80%
2 SG Corporate & Investment Banking 1,462.06 4 9.92%
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4 Deutsche Bank 992.66 6 6.74%
5 JPMorgan 824.51 2 5.60%

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2 Goldman Sachs 102.15 20 0.00%
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5 Deutsche Bank 97.18 17 0.00%

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1 Intesa Sanpaolo SpA 24.80 1 100.00%
Subtotal 24.80 1 100.00%
Total 24.80 1 100.00%

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