Deutsche adds to US structuring team

Deutsche Bank has added three directors to its North American structuring team.

Joe Aglione has moved from Merrill Lynch and will be responsible for structured product distribution to retail clients and retail intermediaries. David Downie also joins from Merrill Lynch and will be responsible for private equity-focused transactions. Laurent Rimmen has joined from Société Générale to structure hedge fund-related transactions.

All three are based in New York and will report to Tim Dowling, head of North American structuring. “Our activity in structured transactions based on alternative asset exposures has grown dramatically,” said Dowling. “Widening our distribution channels to include a greater number of retail clients and mid-sized institutions is an integral part of our growth strategy for North American structuring.”