The head of debt for Asia and Australia, has left Deutsche Bank. The German lender has seen a series of senior executives depart the firm in the region.
The «Financial Times» (Paywall) has reported that Kevin Burke, head of debt for Asia and Australia, has left the German bank less than four years after he joined from Barclays.
According to the FT report, Deutsche declined to comment, and Singapore-based Burke did not immediately respond to requests for comment.
In October last year Deutsche Bank lost Ravi Raju, the head of its Asian wealth business who defected to Swiss rival UBS and took a key banker with him.
Karl von Rohr, Deutsche Bank’s chief administrative officer said in a recent interview that the bonus cuts were «frustrating» for employees who performed well, but that people aren’t resigning in their droves.
