Deutsche Bank unexpectedly pulled an offer to hire a top executive at the last minute (DB)
Deutsche Bank unexpectedly pulled an offer to hire a top executive at the last minute, people familiar with the matter said, delaying its efforts to end churn at its fixed-income operation.
Rob Allard, a former Deutsche Bank executive who ran the structured product sales team before moving to Goldman Sachs in 2008, was due to join the bank as head of US fixed-income sales. He was set to replace John Gallo in that role. Matt Scully at Bloomberg reported the hire last week.
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