While Deutsche Bank has struggled in recent years and seen its stock tumble, credit trading has been a bright spot.
Deutsche Bank has hired a new credit-trading exec in the US.
Sonny Kathpalia, who left Barclays in 2018, is joining the company running credit-swaps index trading.Kathpalia joins the top-ranked credit-trading team on Wall Street.Deutsche Bank has hired a new credit-trading exec, filling a hole after the firm dismissed a rising star earlier this year. Sonny Kathpalia, most recently a senior index trader at Barclays, is joining the German bank as its head of credit-swaps index trading in the US, according to people familiar with the matter.
Kathpalia, 36, spent most of his career at Lehman Brothers and Barclays before leaving in 2018, according to FINRA records.Kathpalia will report into credit-trading head Paul Huchro and help fill a void left when Tian Zeng, a senior credit-index trader, left the firm in February.
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