Deutsche Bank has added seven traders and analysts to its fixed-income business in New York, and aims to hire more, in a bid to build its US presence in the market for trading bonds, loans and other debt securities.

In an memo sent to employees late Wednesday, the bank said it had hired a group of seven that included a managing director and three directors from peers Citigroup , Goldman Sachs, UBS and Barclays. The additions include senior traders and research analysts within the credit business, according to the memo. Deutsche Bank also added three vice presidents.