Deutsche Bank Taps Citi Nordic Salesmen

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Deutsche Bank Taps Citi Nordic Salesmen

Deutsche Bank has poached two derivative marketers from Citigroup to meet increased demand for business in the Nordic region. Harald Lofgren joins as director and Knut Kobberstad as v.p. in the Nordic debt capital markets and corporate coverage group in London.

Hakan Wohlin, managing director and head of Nordic and Netherlands DCM and corporate coverage in

London, said the new roles will focus on corporate, agency, municipalities and sovereign derivative origination across asset classes. "There is an increase in strategic transactions in the Nordic area, much of it driven by M&A activity," Wohlin noted. Neither Lofgren nor Kobberstad could be reached for comment.

At Citi, the pair focused on fixed-income derivative marketing to Nordic corporates and reported to Antonio Cacorino, head of European corporate derivatives, who could not be reached. Jeremy Hughes, spokesman for Citi in London, did not comment on the departures or a replacement by press time.

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