Deutche Loses Americas M&A Head

LONDON (Reuters) – Jean Manas, Deutsche Bank’s head of mergers and acquisitions (M&A) in the Americas, has left to “pursue entrepreneurial opportunities”, a spokeswoman for the bank said on Tuesday.

Manas, in his early 40s, had held the role for three years, and had joined Deutsche in 2005 from Goldman Sachs.

He will be replaced by Bruce Evans, another former Goldman banker who heads up the German bank’s U.S. consumer, retail and healthcare M&A team.

The departure comes a week after Deutsche poached UBS’s Tom Cooper to be co-chairman of global M&A and Bank of America’s Marc Pandraud to be chief country officer for France.

Deutsche ranked 7th worldwide for announced M&A in the year to March 4, according to Thomson Reuters data, working on $68 billion worth of deals.

(Reporting by Quentin Webb;Editing by Hans Peters)