|Headline: Edson Mitchell
Date: February 2001
Author: Tessa Oakley, Philip Eades
Head of global markets, Deutsche Bank
Deutsche recruited the American in 1995 from Merrill Lynch, where he had helped build up the bank’s derivatives business and ran fixed income. He joined as head of global markets at Deutsche Morgan Grenfell (DMG), Deutsche’s then newly-launched investment banking arm.
Mitchell had big plans. Derivatives played a part across all asset classes and he used them as a thread to integrate the parts of the business he was responsible for – commodities, debt, foreign exchange and, later, equities.