Tom Hopkins, a Goldman Sachs managing director working in technology investment banking, has joined Deutsche Bank's leveraged finance group. "Hopkins will be a managing director doing origination for non-investment grade companies," explained spokesman Ted Meyer. "We've been bringing on board good people selectively over the last few months, such as Chris Johnson, from Merrill Lynch," he added, explaining Deutsche Bank is ramping up in the leveraged finance area. Meyer said this year Deutsche Bank was second in high-yield bond underwriting globally and in the U.S., according to Thomson Financial Securities Data. Hopkins worked at Bear Stearns and Alex.Brown prior to Goldman, doing high-yield. He will report to Rich Byrne, global co-head of leveraged debt in his new role.
Deutsche Bank Snares Goldman Banker