Schroder Salomon Smith Barney has raided Deutsche Bank for seven members of its German and Austrian fixed income sales and derivative marketing teams, less than six months after recruiting Christian Ganssmueller from the German bank as head of fixed income for the region.

SSSB, the corporate and investment bank of Citigroup, has been trying to develop its operations in Germany and throughout Continental Europe this year. Ganssmueller, who was previously head of global markets sales at Deutsche Bank, joined in April to spearhead the effort.