Deutsche Bank has appointed Joe Cassidy as head of prime brokerage and derivatives clearing for global rates.
He joins from Nomura where he held several senior positions including global co-head of prime services, global chief operating officer of prime services, head of equity strategy and head of European corporate strategy.
Cassidy will join Deutsche Bank in May and will report to Fredrik Gentzel, head of credit portfolio management and prime brokerage for global rates and commodities.
Michele Faissola, head of global rates and commodities, says: “Joe’s appointment is another key step in our strategic plan to build a leading client clearing platform in the OTC derivatives market. We are committed to helping our clients navigate the changing OTC landscape and are working with them to build innovative services and products to meet their needs."
