Lisa Gaffney has resigned from Deutsche Bank where she was a managing director and high-yield consumer products analyst. She wants to spend more time with her children, according to a fixed-income analyst who spoke with her. Gaffney and Andy Van Houten, co-head of high-yield research at Deutsche Bank, did not return calls.
Gaffney joined Deutsche Bank in 1999 from CIBC Oppenheimer. She had also worked at Donaldson, Lufkin & Jenrette and Bear Stearns. She was ranked five times on the Institutional Investor All-America Fixed-Income Research Team, receiving the top ranking in her sector in 1994 and 1996.