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Report: Deutsche Bank exec moves to PJT Partners as dealmaker

PJT Partners Inc.has hired Jacques Brandas a dealmaker, Reuters reported May 2, citing "people familiar with the matter."

Brand is leaving his role at Deutsche Bank AG as CEO of North America, according to thereport.

Deutsche Bank said in a statement on its websitethat Brand has informed the company of his decision to pursue another opportunity.The bank added that it will announce Brand's successor in due time.

PJT Partners declined to comment, the news outlet said.