ABN Amro has added to its debt capital markets firepower in German-speaking Europe by hiring Philipp Bank, who has a focus on financial institutions, from NordLB.
Bank started this month in his new role in financial institutions DCM origination at ABN Amro Deutschland, the Dutch lender’s German branch, according to his LinkedIn profile. A spokesperson for ABN Amro confirmed the move.
He joins a team that was bolstered last month with the appointment of former Landesbank Baden-Wuerttemberg and Credit Agricole banker Oliver Franke as head of DCM for Germany, Austria and Switzerland. ABN said Franke would lead the expansion of its DCM efforts in the DACH region.
Bank began his career in 2017 in the treasury division of NordLB's mortgage lending subsidiary Deutsche Hypothekenbank. In 2021, NordLB absorbed Deutsche Hypo as part of a reorganisation aimed at simplifying its balance sheet. As a result, Bank moved up to the treasury team of the Hanover-headquartered parent company, where he was responsible for the green bond issuance programme.
He shifted to a DCM origination role in October 2021, focusing on financial institutions and public sector issuers in the DACH region with particular responsibility for the structuring of sustainable bond programmes.