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Deutsche Bank poaches BNP Paribas’ co-head of corporate broking

Competition within corporate broking has been accelerating during the pandemic

Deutsche Bank has also been hiring for its European ECM team, poaching 20-year Credit Suisse veteran, Stephane Gruffat, as co-head of equity capital markets and head of equity syndicate for Europe, the Middle and Africa in May
Deutsche Bank has also been hiring for its European ECM team, poaching 20-year Credit Suisse veteran, Stephane Gruffat, as co-head of equity capital markets and head of equity syndicate for Europe, the Middle and Africa in May Photo: Jeremy Moeller/Getty Images

The co-head of corporate broking at BNP Paribas, who joined the French bank to launch the unit in 2018, is leaving for a senior role at Deutsche Bank.

Lewis Burnett, who co-heads BNP Paribas’ corporate broking unit alongside Andrew Forrester, is set to join the German lender, according to people familiar with the matter. He will lead Deutsche Bank’s corporate broking unit, they added, replacing Matt Hall who left for Credit Suisse in April.

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