People Moves
Deutsche Adds To IBP In Switzerland

The German bank's international private banking business in Switzerland has added a cluster of figures from UBS.
Deutsche Bank’s International Private Bank in Switzerland has
named five former UBS figures, including Raoul Zehnder who will
manage ultra-high net worth and family office clients. It has
also brought in four senior managers from the Swiss bank.
Zehnder has a particular focus on UK resident non-domiciled and
Northern Europe, reporting to Marco Pagliara, head of IPB Europe,
Middle East and Africa, Deutsche Bank said in
a statement earlier this week. At UBS, Zehnder held various
senior management positions focusing on the UK and Nordic
markets.
The relationship managers joining the bank are Patrik Minuscoli
and Michael von Mecklenburg, and senior investment manager
Philipp Portenier, and Vincent Weisse as account manager.
Zehnder will take up his role on 1 October after a period of
garden leave.
Besides reporting to Pagliara, Zehnder will have an additional
reporting line to James Whittaker, who joined Deutsche Bank in
London last October to lead the bank’s coverage of UK-based UHNW
clients, a part of Deutsche Bank’s Wealth Management organisation
in the UK headed by Michael Morley.
Among recent moves, in April Deutsche Bank hired ex-Goldman Sachs
figure Adam Russ as co-head of lending for Europe, Middle East
and Africa. Russ, a managing director based in London, reporting
to Alessandro Caironi, IPB head of lending, advisory and sales,
will work with Marco Pagliara, head of IPB EMEA.