At first sight, Jeff Urwin seems like a good fit for Deutsche Bank — not just because his second name, Herbert, sounds reassuringly German. The Brit is regarded as one of Wall Street’s most seasoned investment bankers.
After positions at Lehman Brothers, Bear Stearns and JP Morgan. Mr. Urwin joined Germany’s biggest commercial bank in 2015. For the past year has been on its management board, in charge of corporate and investment banking, a division his British chief executive, John Cryan, has high hopes for.
Nevertheless, Mr. Urwin and Deutsche Bank may part company. The Wall Street Journal reported this week that the manager was already in talks about leaving. Financial sources said that’s unlikely to happen in the short term. But for some time, there has been speculation that Mr. Urwin is tiring of his job, and some colleagues aren’t happy that he runs his division from New York while many of the bank’s big clients are in Europe.