Jeff Urwin, the former JP Morgan banker now in charge of Deutsche Bank's corporate and investment banking business, has turned to his former employer to fill the German bank's top transaction banking role.

John Gibbons, a 34-year veteran of the banking sector who was JP Morgan's regional executive for Europe, the Middle East and Africa and global head of banks and broker dealers for treasury services, will rejoin Deutsche Bank as head of global transaction banking in October, the German bank said in a statement on July 14.