Commerzbank recruits Schmidt for expansion

Cominvest, the German fund management unit of Commerzbank, has made its second senior raid on rival fund manager SEB in three months by hiring Bastian Schmidt as head of consultant relationships for Germany, Austria and Switzerland.

In June, Cominvest poached Volker Kurr from SEB, the Nordic fund manager, to run its German institutional business.

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110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the BrinkExternal link

110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the Brink