Tag Archives: Deutsches

Meet the straight-talking South African leading Deutsche’s investment bank

“He’s a survivor,” said one senior banker in London speaking on the condition of anonymity. “This is another battlefield promotion for him.”

Despite his long tenure, Ritchie’s rise up the ranks to become, in effect, Sewing’s number two has been rapid. He was named co-head of the investment bank alongside Marcus Schenck in July last year, and has only served on Deutsche’s management board since January 2016, shortly after being bumped up to lead its global markets business following the exit of Colin Fan in late 2015.

The 49-year-old father of two joined Deutsche Bank in 1996 as an equities trader at a bank that has traditionally been a fixed income powerhouse. He has also traded derivatives, but markets staff at Deutsche have long got over the idea that an “equities guy” is…

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