Bloomberg News

Deutsche Bank’s Asia Head of Acquisitions Paterson Said to Leave

November 05, 2012

Deutsche Bank’s Asia Head of Acquisitions Paterson Said to Leave

Paterson, who has a master’s degree in business administration from the University of Western Ontario, joined Deutsche Bank in May 2007 from Citigroup Inc., where he’d worked since 2002.

Gordon Paterson, who ran Deutsche Bank AG (DBK)’s mergers advisory team in the Asia-Pacific region outside Japan, has left after more than five years with Europe’s biggest bank, two people familiar with the matter said.

Paterson left the Frankfurt-based bank recently, one of the people said, asking not to be identified because his departure hasn’t been announced. Deutsche Bank has yet to announce a replacement for the executive.

A spokeswoman for Deutsche Bank, who asked not to be identified, declined to comment. Paterson didn’t respond to calls to his mobile phone seeking comment.

Paterson, who has a master’s degree in business administration from the University of Western Ontario, joined Deutsche Bank in May 2007 from Citigroup Inc. (C:US), where he’d worked since 2002.

Deutsche Bank ranks 6th in advising on mergers and acquisitions in the Asia-Pacific region excluding Japan this year, up from No. 8 in the same period in 2011, according to data compiled by Bloomberg.

To contact the reporters on this story: Zijing Wu in Hong Kong at zwu17@bloomberg.net; Jonathan Browning in Hong Kong at jbrowning9@bloomberg.net; Cathy Chan in Hong Kong at kchan14@bloomberg.net

To contact the editor responsible for this story: Philip Lagerkranser at lagerkranser@bloomberg.net


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