Deutsche Bank has hired Shen Yang, head of fixed income sales for non-Japan Asia and Australia at Credit Suisse in Hong Kong. Firm officials said he comes on board as North Asian head of the institutional client group in the global markets division in Hong Kong. The new position straddles fixed income and equity and focuses on financial institutions and insurers in the region. Yang, who starts in a few weeks, could not be reached.
At Credit Suisse, Yang reported to Tony Iliya, head of fixed income for non-Japan Asia and Australia in Hong Kong. Iliya did not respond to messages by press time.
