Deutsche Bank Lures Convertible Arbitrage Trader

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Deutsche Bank Lures Convertible Arbitrage Trader

Deutsche Bank has hiredCraig Delaurier, convertible bond trader at Goldman Sachs in New York, for a similar role. Jeremy Howard, global head of Deutsche Bank's convertible bond flow business in New York, said the hire is part of the German firm's strategy to build its client facing convertibles business in both sales and trading. He added that part of Delaurier's role will be to execute convertible bond arbitrage trades. Further hires may be made, he added. Delaurier declined comment.

Ed Canaday, spokesman at Goldman Sachs in New York, declined comment.

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