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Deutsche to offer ALM research

Deutsche Bank has hired David Prieul and Vladyslav Putiatin from Lehman Brothers to provide asset liability management (ALM) strategy research to its customers.

The ALM research unit will concetrate on helping Deutsche's clients to better understand and value their non-linear or esoteric asset and liability risks.Prieul was previously head of Lehman's quantitative strategies group in London. He joined Lehman in 1996 as a European government bond strategist. He will head the new ALM research unit at Deutsche, reporting to Jamil Baz, the German bank's head of fixed-income research.Putiatin worked as a fixed-income strategist at Lehman from 1998, most recently concentrating on ALM. His new position at Deutsche is senior ALM strategist.Deutsche plans further additions to its ALM team.

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