Deutsche Bank has promoted Richard Byrne and Hope Pascucci as joint heads of global capital markets, according to an internal message from Michael Cohrs, head of global banking, and Anshu Jain, head of global markets. A wider management team reportedly will be announced in the coming weeks but details could not be ascertained as of press time. Byrne and Pascucci's positions are new ones.
Pascucci will be responsible for capital markets in Europe and Asia and Byrne will be responsible for the Americas. Underwriting and syndication of all investment-grade and high-yield bonds and syndicated loans will fall under their purview.
Regional capital market heads will report to the pair and Byrne and Pascucci will report to Cohrs and Jain. Neither Byrne nor Pascucci were available for comment.