Deutsche hires Chase's Fass to help boost high yield

Deutsche Bank has raided Chase to bring in David Fass as new co-head of European leveraged finance, to work alongside Sekhar Bahadur.

Fass was previously co-head of Chase's telecom and media corporate finance division. He has been hired to strengthen Deutsche's high yield bond capital markets team, which has been weakened by a series of departures this year.

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