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DWS and Deutsche Bank partner to enhance private credit investment options
DWS Group and Deutsche Bank have established a strategic partnership to enhance private credit investment opportunities for DWS clients. This collaboration grants DWS preferred access to various private credit assets, including asset-based finance and direct lending, leveraging Deutsche Bank's extensive origination capabilities. Patrick Connors will lead DWS's private credit efforts, reporting to CEO Stefan Hoops, emphasizing the importance of origination in alternative asset management.
claude maurer appointed chief economist at bak economics
Claude Maurer has been appointed as the new Chief Economist of BAK Economics, returning to the institute after nearly two decades at Credit Suisse. A former professional athlete who represented Switzerland in sailing at the 2000 Olympics, Maurer aims to leverage new technologies for economic research, emphasizing BAK's unique blend of knowledge, data, and technology.
leadership changes in major banks across germany and switzerland
Sükriya Aclan has been appointed as the new Head of Wealth Management at UBS Germany, taking over from Philipp Neuhofen. Aclan, who has a background with Dresdner Bank, Commerzbank, and Oddo BHF, will oversee the bank's wealthiest private clients in Germany.In other leadership changes, Björn Jesch has left DWS, with Vincenzo Vedda stepping in as global Chief Investment Officer. Sven Württemberger has been named as Jesch's successor as Head of Switzerland at DWS. Nikolaus Maximilian Linaric will join the Executive Board of ING Germany in December, while Rainer Mellis has resigned from Volksbank Düsseldorf Neuss amid a fraud case. Additionally, Stephan Manz has moved to Aareal Bank as Chief Operating Officer.
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