High-profile investment banker James Roth is departing Deutsche Bank after almost a decade with the firm.
Mr Roth has been co-head of corporate finance at Deutsche Bank in Australia, overseeing some of the largest transactions for companies on the mergers and acquisitions front.
He worked with Vodafone Hutchison on the $15bn planned merger with TPG Telecom, AGL Energy on its bid for Vocus Group, Crown Resorts on the sale of shares to Melco boss Lawrence Ho, the float of Viva Energy and Viva Energy REIT and the sale of Arrium’s Moly-Cop business to American Industrial Partners.
The 51-year-old joined Deutsche Bank in Hong Kong around 2011 as the head of general industrials, consumer and healthcare.
He moved to Australia as co-head of corporate finance in April 2014 before becoming the country’s investment banking co-head.
Before his time at Deutsche Bank, Mr Roth worked at UBS, where he worked as a telecommunications banker in Hong Kong before becoming head of telecoms the following year and then head of telecoms, communications and technology.
He will leave Deutsche on November 30. It is understood he will be taking a break before assessing his options early in the new year.
His departure comes after a number of other high-profile names have left Deutsche Bank since its head office announced it was closing its equities operations worldwide.
The head of Australia’s equity capital markets, Peter Molesworth, recently left to work with Jefferies, while head of Australian financial industry group investment banking Sally Mihell has left to become National Australia Bank’s head of investor relations.
Also departing the firm in recent months has been industrials banker Jack Groom, who left to join investment bank Citi, industrials analyst and banker Emily Smith and senior healthcare and consumer banker Tim Longstaff.
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