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Report: Jefferies hires Deutsche Bank's US metals, mining i-banking team

A six-member team of Deutsche Bank AG's metals and mining investment bankersin the U.S. have joined JefferiesGroup LLC, Bloomberg News reported, citing "people familiarwith the matter."

Dan Chu will be Jefferies' global head of metals and mininginvestment banking based in New York, and head of metals and mining M&A.

Dieter Hoeppli was named a managing director in the M&Agroup and chairman of metals and mining, while Jerrod Freund was appointed as amanaging director to lead the Americas metals and mining investment bankingteam.

Also joining Jefferies' global metals and mining investmentbanking group are Christoph Hinder as a managing director, Oliver Dachsel as asenior vice president and Johnston Suter as a vice president.