Blatt: The former German Vice-bank Schenck goes to Perella Weinberg



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Frankfurt (APA / dpa) – Former Deutsche Bank Deputy Managing Director Marcus Schenck becomes a partner in US investment bank Perella Weinberg. He changed to London in February, reported the "Handelsblatt" (Tuesday). He advises financial service providers, industrial customers and energy companies.

Schenck will also contribute "to the question of how to develop an organization now developed," said Perella Weinberg's European CEO, Dietrich Becker. Schenck told the "Handelsblatt": "I would prefer to be closer to the field again".

Until May of this year, he was Senior Business Banker and Vice Chairman of Deutsche Bank's Board of Directors. He had left the group after him, but Christian Sewing had been appointed CEO and successor to John Cryan.

"It was an extremely exciting and rewarding experience," said Schenck, in retrospect, at Germany's largest financial institution. "At that time, however, I took over the creation of the bank as a European competitor of investment banking.Today, it is clear that this is no longer the right strategic direction for the bank, that's why I'm not really here anymore. "

~ ISIN DE0005140008 WEB https://www.deutsche-bank.de/index.htm ~ APA022 2018-11-27 / 03: 36

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