Deutsche Bank Private Wealth Management (PWM) has appointed Durraj Tase as a Managing Director and Head of Capital Markets for the Americas. Based in New York, he reports jointly to Benjamin Pace, a Managing Director and US Chief Investment Officer and Trang Chu, a Managing Director and Head of Global Capital Markets for PWM.
Tase will assume responsibility for PWM’s Capital Markets sales and trading desks in the Americas. His responsibilities will include expanding PWM’s Capital Markets offering and overseeing a team that develops and trades equity, fixed income, option, structured product and foreign exchange solutions for ultra and high net worth clients.
Tase has over 25 years of financial services experience, including as Head of Capital Markets and Brokerage Advisory Services for US Trust Bank America’s Private Bank and previously as Head of Citigroup Private Bank’s Latin America Capital Markets business.
“We strive to consistently advance the quality of innovation, customisation and access that our franchise provides ultra and high net worth clients,” says Tom Bowers, Head of PWM Americas. “With Durraj’s extensive experience we will continue to build upon the breadth and depth of our Capital Markets solution set and provide our clients with differentiated access to investment opportunities.”
Deutsche Bank Private Wealth Management serves high net worth individuals, families and select institutions worldwide, while also providing leading solutions for family offices and financial intermediaries. Operating in more than 100 locations and advising clients in relation to more than USD 432 billion in assets under management as of 12/31/2010, it is at the forefront of the global wealth management industry.