Simon Adamson and Helen Rodriguez, two of Deutsche Bank's European research heads, have left the firm. Adamson, who headed European corporate and financial institution credit research, left last week, and Rodriguez, head of European high-yield research, left two weeks ago, according to a firm insider. It could not be learned if the pair have joined other firms.
A Deutsche Bank spokeswoman confirmed Rodriguez's departure and says there are no plans to fill her position. The spokeswoman says the firm has not eliminated high-yield research, but declined to say how many analysts remain in the department. Another Deutsche Bank spokeswoman did not return a phone call by press time last Friday. However, according to a firm insider, Adamson's replacement has not yet been named.