Deutsche Bank has hired Jean-Jacques Legendre from Morgan Stanley, to cover equity flow sales to France. Legendre reportedly joins in a new role to increase the German firm's French distribution, but Deutsche Bank officials could not immediately be reached to confirm details of the position.
Legendre was on gardening leave and Nick Tranter, head of equity derivatives distribution at Morgan Stanley in London, was out of the office. An official close to the U.S. firm said Legendre will not be replaced.
