
Deutsche Bank expands credit trading team in China
For collateralised debt obligations (CDOs) and credit trading-related activities, Zhu will report to Chetankumar Shah, head of credit trading, CDOs and credit structuring in Asia. For all other activities, he will report to Sajid Javid, head of global credit trading for Asia.
Sun Yong Hong and Rowena Yue joined in April and May respectively as directors on the global credit trading team. Hong was previously an executive director in the Asia special situations group at JP Morgan Chase in Beijing, while Yue moved from Standard Chartered in Hong Kong, where she was a director in the corporate finance and advisory group.
Gavin Xing came on board in April as vice-president of global credit trading, from HSBC in Hong Kong, where he was a director in the project and export finance group.
Javid says the new hires are in response to the increasingly diverse funding needs of Chinese corporations. “Our clients require a range of flexible financing options, from securitisation to commodity and structured finance, pre-IPO funding or access to private equity,” he says.
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