Deutsche Bank has hired a Jefferies managing director as vice chairman of UK corporate broking, marking the second senior recruit to its broking team in a matter of days.

Neil Collingridge will join the German bank from Jefferies, where he was a managing director in corporate broking. Before joining the US investment bank, he had spent 11 years at RBS Hoare Govett, the UK broker acquired from Royal Bank of Scotland by Jefferies in 2012.