Deutsche Bank recruits BofA hedge fund rates sales head
Thursday, November 5, 2026 · first reported by Hedgeweek
Deutsche Bank is set to hire Plamen Balchev, who was head of EMEA rates sales at Bank of America, to build up its fixed income sales for hedge fund clients, according to eFinancialCareers as relayed by Hedgeweek. Balchev is understood to be on gardening leave before starting. He had been at Bank of America for under 18 months, having arrived in June 2025, and earlier spent 12 years at JPMorgan and three at Goldman Sachs.
He is expected to cover hedge fund clients, though his exact duties are unconfirmed. Neither bank commented, and Balchev did not respond to requests for comment.
- Firm
- Deutsche Bank
- Also named
- Bank of America
- People
- Plamen Balchev
- Asset class
- Hedge funds
- Geography
- Europe
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