Deutsche appoints credit sales co-head

Deutsche Bank has appointed Casey Talbot to partner Faris Naber as co-head of global credit sales. Talbot will also hold the position of head of high grade credit sales while Naber, who joined from Credit Suisse last October, is in charge of high yield sales.

Based in New York, they report to Lou Jaffe, head of Americas debt in the institutional client group for the Americas.

Talbot joins Deutsche from Bank of America Merrill Lynch, where he was head of structured credit sales, and head of fixed income, equity, currency and futures sales and trading for the US Midwest.

Deutsche Bank has also hired Stephen Byrne as head of distressed trading for Europe, where he will be responsible for developing the par, high yield and distressed platform. Byrne will be based in London and report to Gavin Colquhoun, head of European distressed products.

Prior to his appointment, Byrne was co-head of European high yield and public loan trading at Goldman Sachs, spending the last five years working in Europe on the leveraged loan trading platform.