Take takes new role in Deutsche

Stuart Take has decided to leave Deutsche Bank's equity research team in Hong Kong and move into the world of corporate finance. He will become a director in the financial institutions group of Deutsche Bank's Global Investment Banking division. The new job will be based in Singapore.

Take's position in Hong Kong was to provide reseach on Asian financial institutions - a role he was well suited to having worked at premier financial group GE Capital for more than 10 years. His new role is a sign of the increasing amount of deals taking place among banks and other financial institutions in Asia. "Stuart's position is a response to the rapidly groing reputation of Deutsche Bank's financial institutions team in Asia, " said Philip Crotty, the head of Deutsche Bank's corporate finance team in Singapore. "Deutsce Bank is facing increasing demands for its advisory services from clients prior to their raising capital through strategic sales and public offerings."