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Deutsche Taps Bank of America for Senior US Private Bankers

Stephen Harris

15 September 2006

Deutsche Bank has hired Rosemary Vrablic and Dominic Scalzi as managing directors and senior private bankers in its US Private Wealth Management business. Both join the firm from Bank of America Private Bank, where they were private client advisors. At Deutsche they will work with ultra high net worth individuals and families and will focus on structured finance solutions for real estate developers and investors. They will be based in New York. "Building a dominant position in the US onshore private banking market is a core strategic priority for Deutsche Bank," said Pierre DeWeck, global head of Private Wealth Management at Deutsche. "Having Rosemary and Dominic, as well as many other recognised bankers in the US market, join our team is a testament to the progress we have made in developing significant scale and depth in this business."