Deutsche Bank hired Jeffrey Mayer as head of global markets for North America. Mayer will be managing the bank’s market-leading sales and trading business in the region.
The new hire will report to Anshu Jain, head of the corporate and investment bank and member of the management board and group executive committee. Mayer will be based in New York.
Mayer will join the Deutsche with over 20 years of cross-asset class sales, trading and management experience.
He was most recently the executive chairman of fixed income, currencies and commodities and head of complex structured products at UBS.
Before UBS, Mayer spent 19 years at Bear Stearns, most recently as global co-head of fixed income.
“I am pleased that Jeff has decided to lead our sales and trading business in North America, a franchise that is vital to our global strategy and one where we have gained significant market share in recent years," Jain said. "Jeff’s record of leadership across multiple asset classes will serve our clients well as we build further on these gains.”