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Banker had been at NatWest for three years
New hire to be US head of digital infrastructure finance for combined firm
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Congressional Republicans started their attack on the Volcker Rule on Wednesday, with a fiery hearing on how the rule had damaged market liquidity and hurt companies' ability to raise capital.
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Steven Park, managing director and head of Americas for global transaction banking and corporate trust sales at Deutsche Bank, will be leaving the bank at the end of the month.
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Republicans in the US House of Representatives passed a bill through committee on Tuesday, which critics said could hurt the independence of the Federal Reserve and its power to set monetary policy.
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Two bankers have left Deutsche Bank's insurance DCM and solutions team.
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The spectacular failure by Republicans to pass healthcare reform plans through the House of Representatives makes meaningful financial reform less likely.
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After less than 12 months in the job, Deutsche Bank's head of EMEA ABS syndicate is off to a rival firm.
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Wall Street workers hoping for a regulatory sea change under president Donald Trump are going to have to adjust their expectations, as empty posts at all levels of government are set to hinder lasting reform.
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Technical reforms of Fannie Mae and Freddie Mac, such as expanding agency credit risk transfer, could replace broader Congressional attempts to overhaul the government sponsored enterprises (GSEs), according to housing policy experts speaking at Moody's US Housing & Housing Finance Conference on Tuesday.
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David Cotney, former commissioner of banks for the Massachusetts Division of Banks, has been tapped by Cross River Bank to join its board of directors.