Bank appoints New York credit sales heads

Deutsche Bank has announced that Casey Talbot will join as a managing director and head of high grade credit sales and co-head of credit sales within the global markets division. In addition, Deutsche has appointed Faris Naber to head of non-investment grade sales and co-head of credit sales. Both Talbot and Naber will be based in New York and report to Lou Jaffe, managing director and head of the institutional client group debt in the Americas.

Talbot joins from Bank of America Merrill Lynch, where he was head of structured credit sales, and head of fixed income, equity, currency and futures sales and trading for the US midwest region. Naber joined Deutsche in October from Credit Suisse and was previously a managing director and head of high yield sales for ICG. He has 15 years of experience in high yield sales, including 11 years in leveraged finance sales at Goldman Sachs.

Meanwhile, the New York Post has reported that Deutsche’s head of hedge fund sales for loans, bonds and distressed debt, Gerry Walker, is planning to jump to Bank of America. Also joining him is John Karabelas, the bank's head of investment-grade debt sales.