Deutsche Bank has hired a new head of equity derivatives for the Americas.

The German bank has hired David Silber from Citigroup, according to people familiar with the matter. He is expected to start in the second quarter.

At Citigroup, Silber was head of North America execution sales. He had been promoted to that role in January.

Deutsche last week made a big hire in investment banking, poaching UBS’ head of healthcare M&A in Europe, Glenn Rewick.

More to come…