Deutsche Bank is continuing to expand its Global Prime Finance franchise with the creation of a European-focused team to concentrate on marketing prime brokerage, synthetic finance and sec

Deutsche Bank is continuing to expand its Global Prime Finance franchise with the creation of a European-focused team to concentrate on marketing prime brokerage, synthetic finance and securities-lending products to investors - Global Prime Finance Sales, Europe. Sean Capstick and Danny Caplan have been appointed co-heads of this new team and Capstick has also been appointed Head of the Hedge Fund Capital Group Europe.

Caplan and Capstick will be based in London and report jointly to Jason Good, Head of Equity Sales - Europe in their roles as Co-Head of Global Prime Finance Sales in Europe. Capstick will also report to John Dyment, Global Head of the Hedge Fund Capital Group in his role as European Head of the Hedge Fund Capital Group.

Capstick joins Deutsche Bank from Morgan Stanley where he was responsible for prime brokerage sales in the UK for the past two years. Previously he held a number of senior roles in the European Cash Equity business. Caplan was previously responsible for Global Prime Finance sales in Europe at Deutsche Bank and in his new role will take on the additional responsibility for structuring finance solutions for the European prime brokerage client base.

Capstick's appointment follows a strategic build out of the Global Prime Finance platform which began with the appointment of Barry Bausano and Jonathan Hitchon as Co-Heads of Global Prime Finance in January and has continued with the subsequent hire of Jeff Dorman as Head of North America for Global Prime Finance.

'Sean has had more than 15 years experience in the industry and we believe his appointment is key to building our Global Prime Finance platform. This demonstrates Deutsche Bank's commitment to becoming the number one provider of prime brokerage and financing business to European clients,' said Jason Good, Head of Equity Sales - Europe.

Since 2002, Deutsche Bank's Hedge Fund Capital Group has been ranked "Best in Class" for Capital Introduction services in Global Custodian's annual Prime Brokerage survey. This year the bank ranked first in the Capital Introduction category, earning 10 out of 10 "Best in Class" ratings.