A rates sales guy nurtured by Deutsche Bank is no longer there
Rates sales can be a lucrative business. Just ask Puni Raja at Barclays or Nohshad Shah and Frank Flight, who left Goldman Sachs and are both now at Citadel Securities in London.
💥Follow us on WhatsApp for news alerts.💥
Deutsche Bank had an up-and-coming hedge fund rates sales guy whom it promoted to vice president in February. Now it doesn't. Alexander Akinbile is understood to have left the German bank in recent weeks, possibly for a fund. He spent five years there after joining as an intern in 2020.
Akinbile didn't respond to a request to comment for this article. Deutsche Bank declined to comment.
We presume that Deutsche Bank wanted to keep Akinbile. It nurtured him for five long years. He was not senior, but is thought to have been pretty good. Deutsche Bank's fixed income trading business had a bad quarter, but not as bad as SocGen's.
Follow me on X. Follow me on LinkedIn.
Have a confidential story, tip, or comment you’d like to share? Contact: +44 7537 182250 (SMS, Whatsapp or voicemail). Telegram: @SarahButcher. Signal: sarahbutcher.22 Click here to fill in our anonymous form, or email editortips@efinancialcareers.com.
Bear with us if you leave a comment at the bottom of this article: comments are moderated intermittently by human beings. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. You must take sole responsibility for comments you post on this site. We will take reasonable steps to weed out anything that we consider to be offensive or inappropriate.
