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Jefferies poaches Deutsche Bank bankers to bolster Iberia coverage, source says

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FILE PHOTO: The logo of Germany’s Deutsche Bank
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By Pamela Barbaglia

LONDON (Reuters) - U.S. investment bank Jefferies has snapped up Deutsche Bank's M&A head in Iberia, Andres Gutierrez, as its new investment banking boss for the region as it seeks to bolster its presence across Europe, a source told Reuters.

Jefferies has also poached Deutsche Bank's vice president Santiago Garcia Linares as a director in its Madrid office, the source said, speaking on condition of anonymity.

Gutierrez and Garcia Linares will join Jefferies in mid-December and will focus on advising infrastructure clients among others, the source said.

Jefferies and Deutsche Bank were not immediately available for comment.

(Reporting by Pamela Barbaglia; Editing by Edmund Blair)