The German bank is poaching a key European wealth manager for the Nordics from its Swiss rival.
Frankfurt-based Deutsche Bank is hiring Dan Ingvarson (pictured below) as the head of Nordics in its international private bank and branch manager in Stockholm, it said in an emailed statement on Wednesday. Ingvarson is currently a senior private banker for the same region at Credit Suisse in Zurich.
Ingvarson replaces Deutsche's current head in the Nordics, Pontus Gronlund, who leaves the German lender following a transition. Deutsche's Nordics bankers in the region itself as well as in Luxembourg and Switzerland will report to Invarson, who in turn will report to Michael Morley as well as join the top management in the U.K.
