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German bank adds five to prime brokerage

Deutsche Bank has added five senior staff to its prime brokerage business as the German bank continues to expand its offerings to hedge fund clients.

Anthony Demonte will work as a director in securities lending. He comes to the bank from Lehman Brothers where he worked for nine years in the capital markets prime services division. Tom Filipovits will be a director in the client management group. He worked for Goldman Sachs for six years as a product development manager before moving to Morgan Stanley's client solutions group.

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