Deutsche’s Greater China CMTS head leaves for Goldman

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Deutsche’s Greater China CMTS head leaves for Goldman

Richard Li, head of Greater China’s capital markets treasury solutions at Deutsche Bank, has left to Goldman Sachs to lead the firm’s China FICC team.

Li will be joining Goldman Sachs in a managing director role in the summer to head the China fixed income, currencies and commodities sales in Hong Kong, according to a source familiar with the matter. The official title has not been designated yet, said the person.

At Deutsche, Li was head of both capital markets treasury solutions (CMTS) for greater China and also led the institutional clients group (ICG) for China debt since he came to the German bank to join the Hong Kong office. He reported to Venky Vishwanathan, head of capital markets treasury solutions for Asia as well as co-head for corporate finance in Asia.

Oliver Brinkmann will be assuming Li’s role of head of CMTS greater China, said another source who asked not to be named. He was most recently the head of CMTS Hong Kong and China, and has been with the bank for nearly a decade in a number of roles related to Deutsche’s China business including head of corporate banking coverage for APAC, and COO for Deutsche Bank China.

In the CMTS greater China role, Brinkmann will continue to report to Vishwanathan. For the ICG China debt role, the new co-heads will be John Fei and Guo Ying. They will report to Marzio Keiling, who is in charge of Asia Pacific’s institutional clients group.

Both Deutsche Bank and Goldman Sachs declined to comment on Li’s move.

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