By Pamela Barbaglia
LONDON – U.S. investment bank Jefferies has snapped up Deutsche Bank’s M&A head in Iberia, Andres Gutierrez, as its new investment banking boss for the region as it seeks to bolster its presence across Europe, a source told Reuters.
Jefferies has also poached Deutsche Bank’s vice president Santiago Garcia Linares as a director in its Madrid office, the source said, speaking on condition of anonymity.
Gutierrez and Garcia Linares will join Jefferies in mid-December and will focus on advising infrastructure clients among others, the source said.
Jefferies and Deutsche Bank were not immediately available for comment.
(Reporting by Pamela Barbaglia; Editing by Edmund Blair)