It will be an icy day in hell before we shed a tear for the ex-Deutsche Bank vultures.
https://nypost.com/2019/06/18/bny-mellons-piers-murray-leaving-amid-bond-trader-exodus/
https://learnbonds.com/piers-murray-bids-adieu-to-bny-mellon-amidst-tense-employee-environment/amp/
As per the other recent, we need to get rid of these DB guys and get more of the Dunkin Donuts type. Perhaps they can figure out what happened to the hole in the middle.
Agreed
One of the worst employees these DB guys. They failed in all aspects in Markets groups. One MD kicked out in March and his puppy dogs still hanging around zero knowledge and no etchics
Ironically Teddy brought one more DB guy recently in his group. What a Shame
These guys has to be kicked off first to save the Bank
The ex-DB management were the worst group of cutthroats I’ve ever seen. Absolutely useless and provided zero leadership.
Agreed. With Michelle Neal’s arrival in late 2015 and until her forced departure in 2019 it was an influx of DB people particularly in FX at the expense of legacy BNYM staff. All the hiring - expenses - product roll outs have resulted in no incremental revenue over the last 3 years. Coupled with the horrendous employee engagement survey results it’s no wonder she was quietly asked to leave and the departures continued with Piers. There will be more DB people shown the door but the damage has been to the franchise.