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Deutsche Bank strengthens agency securities lending team.

Global Banking News-January 5, 2016--Deutsche Bank strengthens agency securities lending team

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Global Banking News - 05 January 2016

Germany's Deutsche Bank (NYSE: DB) (DBK.DE) has said that Andrew Pettit has joined Agency Securities Lending (ASL) in the Americas.

Pettit has been appointed as a platform enhancement specialist, focusing on product innovation amid rapidly changing global markets and regulatory requirements. Based in New York, Pettit is a director and reports to Anthony Toscano, co-head of ASL in the Americas.

Pettit has more than 15 years of securities financing experience. He was previously an executive director in Bank Resource Management Sales & Marketing at Morgan Stanley (NYSE: MS). Prior to that, he was head of Business Development at Brown Brothers Harriman & Co.'s Global Securities Lending unit. Earlier, he served as a director of Product and Business Development in Global Prime Finance at Deutsche Bank.

Agency Securities Lending is part of Deutsche Bank's Global Transaction Banking (GTB) business. ASL is a provider of securities finance capabilities, including non-custodial securities lending, portfolio financing and collateral management.

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Publication:Global Banking News (GBN)
Date:Jan 5, 2016
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