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Deutsche Bank EMEA corporate finance head, 2 other i-bankers to leave

Deutsche Bank AG's head of corporate finance for Europe, the Middle East and Africa, Alasdair Warren, is set to leave the bank, Bloomberg News reported, citing an internal memo.

Warren, who formally joined the German bank in 2016 from Goldman Sachs Group Inc., oversees advisory and underwriting businesses.

Investment banking co-head Mark Fedorcik will take over the EMEA corporate finance business in addition to his current responsibilities, while Adam Bagshaw and Nick Jansa have been named co-heads of corporate finance for EMEA, and will report to Fedorcik. Bagshaw is global co-head of private equity, while Jansa is co-head of the global leveraged debt capital markets, Bloomberg noted.

The lender's U.S. leveraged finance business co-heads Scott Sartorius and Christopher Blum will also leave, to be replaced by Ian Dorrington and Manfred Affenzeller, Bloomberg said, citing a separate internal memo. Affenzeller and Dorrington, who both have worked on the leveraged debt capital markets team, joined Deutsche Bank in 2005 and 2011, respectively, according to Thomson Reuters' LPC.

The departures are the latest in a series of high-profile exits from Deutsche Bank since Christian Sewing replaced John Cryan as CEO in April. It also comes as the German lender is restructuring its equities sales and trading business.