Andrew Weber has joined Deutsche Bank's collateralized debt obligation structuring group from J.P. Morgan Securities. He will report to Anand Parekh, who heads the group out of New York. Weber was unavailable for comment. Ted Meyer, a spokesman at Deutsche Bank, declined to elaborate.
At J.P. Morgan, Weber was a high profile CDO banker who specialized in the structuring of hedge fund CDOs --also called "CFOs." One of his former colleagues says that Weber contributed to the launching of the Man Glenwood CFO deal, which closed in May and was the first CFO to be rated. He reported to Romita Shetty. Shetty said that there is no plan to replace Weber.