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Jefferies is capitalising on cutbacks at other lenders

Investment Banking Editor

Jefferies has hired a top Barclays dealmaker in Germany to lead its investment bank in the country in the latest executive departure from the UK lender.

Sven Baumann is joining Jefferies as head of investment banking for Germany, Austria and Switzerland, known as the Dach region, according to people with knowledge of the hire.

Jefferies hires Barclays’ Baumann to lead investment banking in Dach region

Jefferies hires Barclays’ Baumann to lead investment banking in DACH region

Paul Clarke

Barclays

Citigroup

Deutsche Bank

Jefferies

Banking

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Find out who is on the move in the City and beyond this week

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CDPQ hires Sharon White to lead push in Europe

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By Brian Schwartz, Vivian Salama and Andrew Restuccia

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Research group GfK’s measure of consumer confidence climbed to minus 18 in November’s survey from minus 21 in October.

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