Deutsche Bank has hired Paul Andiorio and Angelo d'Urso, from Goldman Sachs and Banc of America Securities respectively, as analysts in the firm's credit derivatives operation. The new recruits report to Boaz Weinstein, managing director, according to Harriet Benson, spokeswoman in New York. Weinstein did not return calls. Andiorio and d'Urso could not be reached.
The appointments represent an attempt to increase its credit analytical presence and replace James Palmisciano, a credit analyst who recently left the desk, said officials.
Palmisciano has joined Credit Lyonnais Credit Management a New York-based credit fund.
Both Palmisciano and Mike Robertson, a credit analyst at UBS in Stamford Conn., have joined the fund in newly created seats as portfolio managers. Palmisciano, Robertson and John Botti, head of CLCM in London to whom the new hires report, declined comment.
