Ralph Orlowski/Getty ImagesDeutsche Bank has poached a senior trader from HSBC to bolster its distressed-credit group, people familiar with the matter told Business Insider.
Jason Harris, previously the head trader in HSBC's distressed group, will join Deutsche Bank in October. The hiring helps replenish the ranks in Deutsche's credit-trading group, which has seen a string of departures this year. Deutsche Bank has poached a senior trader from HSBC, bolstering a distressed-credit group that's seen a slew of defections this year.
Jason Harris, previously the head trader in HSBC's distressed group, is joining Deutsche Bank's distressed unit as a senior trader, according to people familiar with the matter. He'll start in October and report to Shawn Faurot, the head of credit trading in North America.has long been a powerhouse for Deutsche, making the German lender a perennial top credit contender on Wall Street alongside larger American peers like JPMorgan Chase and Bank of America.
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