The RATS are Fleeing the TITANIC…

NEW YORK (Reuters) -Deutsche Bank’s global investment banking coverage and advisory chief Drew Goldman will step down and be replaced by regional heads, according to a memo seen by Reuters on Monday.

Goldman, who has held numerous leadership roles during his 22-year tenure at the German lender, wants to pursue opportunities outside investment banking, according to the memo written by the co-head of the investment banking unit, Mark Fedorcik.

Goldman will join Abu Dhabi’s sovereign wealth fund on October 3 as global head of real estate investments, according to a statement from the Abu Dhabi Investment Authority.

www.investing.com/news/stock-market-news/exclusive-deutsche-banks-investment-banking-coverage-chief-to-depart-2853104

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