Deutsche hires Liu from Bank of America as global head of TMT, sources say

Deutsche Bank has hired a former top Bank of America technology banker as its global head of Technology, Media & Telecommunications, sources familiar with the matter told Reuters.

Ed Liu, whose departure from Bank of America was reported by Reuters on Wednesday, will be joining Deutsche in November and will be based in New York. He will report to Alison Harding-Jones, who serves as co-head of the Investment Bank and global head of Investment Banking & Capital Markets.

A Deutsche representative declined to comment and Liu could not be reached for comment.

Deutsche has said previously that it remains committed to bringing strategic hires on board to support the bank's longer-term growth.

At Bank of America, Liu is one of four senior executives to exit the bank this week. On Thursday, the bank announced that its co-head of investment banking, Mike Joo, will leave. On Wednesday, JPMorgan Chase said it hired Amy Lissauer to head the bank's shareholder engagement and activism defense group and on Monday Citi hired Rohan Sen to lead coverage of the technology services sector.