Deutsche Hires From CS, BAML

Deutsche Bank’s has hired Rodrigo Rocha as a director and head of credit syndication for Brazil DCM, reporting to Nuno Correia, head of fixed income sales and DCM coverage, based in Sao Paulo. Rocha joins Deutsche from Credit Suisse where he was a director in EM fixed income sales. Before that, he was head of domestic and international EM fixed income sales at Unibanco. Meanwhile, Jorge Classing has joined as a director in EM fixed income trading, based in Mexico City and reporting to Luis Betancourt, director and head of trading in Mexico. He was previously head of fixed income trading in Mexico for Bank of America. And Alex Coutinho has joined Deutsche as a director in global markets structuring – credit, based in Sao Paulo and reporting to Marcelo Ferraz, director of global markets structuring. Coutinho joins from Spinnaker Capital, where he was a buyside research analyst covering debt and private equity. Jose Luis Azevedo de Oliveira joined the German bank from Itau, as a VP in local EM fixed income trading, based in Sao Paulo. He reports to Claudio Holanda, director of local EM fixed income trading in Brazil. From Santander, Frederico Massote has joined as a VP in local EM fixed income trading in Sao Paulo, also reporting to Holanda. From JPMorgan, Deutsche has appointed Cristian Lara as VP for DCM sales in Sao Paulo, heading local corporate credit origination in Brazil. He reports to Correia and Brad McKee, MD. Meanwhile, Marcelo Puga has joined as a VP for equity derivatives sales in Sao Paulo. He was formerly at Credit Suisse-Hedging Griffo, where he was head of equity derivatives for Brazil. He reports to Andre Rosenblit, head of global markets equity in Brazil. “As we continue to expand our client offering in Latin America, it is imperative that we have a strong presence in local markets,” says Karan Madan, Deutsche’s head of global markets for LatAm.