Deutsche Bank Securities  hired Peter Hornick for its i nstitutional client group (ICG) within the global markets division as a managing director and head of credit sales for North America .

Hornick is based in New York and oversees distressed debt, convertible bond, high grade, high yield and structured product sales groups. Hornick joins from Lehman Brothers and reports to Lou Jaffe , Managing Director and Head of ICG Debt Sales for the Americas.

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