5 February 2014
Deutsche Bank announced today the creation of a Global Solutions function within the Trade Finance/Cash Management for Corporates (TF/CMC) business in its Global Transaction Banking division. TF/CMC Global Solutions will focus on accelerating business growth by systematically tailoring and replicating solutions across target industries and geographies, focusing on large corporate clients.
The newly-created business is headed globally by Shahrokh Moinian, previously Head of TF/CMC for the Americas. Based in Frankfurt, Moinian reports to Michael Spiegel, Head of TF/CMC.
On a regional level, the Global Solutions teams are led by Suman Chaki for Asia Pacific and Arthur Brieske for the Americas.
Deutsche Bank today also announced the appointment of James Binns as Managing Director and Regional Head Global Solutions EMEA, joining the Bank from HSBC. He will be based in London and report to Shahrokh Moinian.
Michael Spiegel, Head of TF/CMC commented: “Global Solutions will play a critical role in our growth aspirations for TF/CMC. It is a global key initiative and perfectly complements the client-centric approach of our business.”