Bloomberg News

LONDON — Deutsche Bank AG announced in a statement to employees that it had named Andrew Grabowski chief operating officer of its global mergers and acquisitions group.

Mr. Grabowski, 41, was deputy head of Deutsche Bank’s European mergers and acquisitions unit and has been based in London for the last two years.

As chief operating officer, he will work in the United States two days a week. Mr. Grabowski joined Deutsche Bank in 1999, when the Frankfurt banking company bought New York’s Bankers Trust Corp.

The move comes as the Frankfurt banking company, Europe’s largest, attempts to build its global mergers advisory business.

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