The head of the global financial technology advisory practice at Deutsche Bank, who was leading the consortium bid of eight banks and intedealer broker Icap for clearing house LCH.Clearnet, has left the firm, Financial News has learnt.

Udayan Goyal is following a swathe of other M&A bankers in quitting his position to set up a new independent advisory practice, Financial Technologies Advisors (FT Advisors). Deutsche is continuing to advise on the LCH.Clearnet deal.