Deutsche Bank has hired Seth Vance, formerly Schroder Salomon Smith Barney's head of collateralized debt obligations for Europe, as a senior banker on its London-based securitization team. Vance joined Deutsche Bank in late April and will report to Michael Raynes, head of the European securitization group. Raynes says Vance will work on CDOs, but will also cover a number of different fronts. Calls to SSSB's press office inquiring about Vance's replacement were not returned.