Signaling a heightened interest in capital markets and securities activities, Deutsche Bank has named W. Carter McClelland president and chief executive of its U.S. investment banking subsidiary, Deutsche Morgan Grenfell/C.J Lawrence Inc.

Mr. McClelland comes to Deutsche Bank after 22 years at the Morgan Stanley Group, most recently as chief administrative officer. He will start at Deutsche Bank on Sept. 6, replacing James Moltz, who headed C.J. Lawrence for 25 years.

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