Deutsche Bank has appointed Otis Bateman in an Australian rates trading position.
He joins the firm from UBS, where he spent the last nine years in a variety of trading-related roles based in London and Sydney.
Most recently, he served as director of rates trading; a position he held for just over a year.
Prior to that, Bateman served as an AUD/NZD rates trader, based in London.
Elsewhere in his tenure at UBS, Bateman held a bond trading position, as well as an FX, rates and credit sales role.
He announced his appointment on social media.
Bateman’s departure from UBS follows that of Chris Blackburn, head of UBS’ Execution Hub, EMEA, who left his role at UBS for pastures new.
Read more: Head of UBS outsourced trading offering departs
During his tenure at UBS, Blackburn served in a range of roles, including as chief operating officer for UBS’ sell-side global cash equities business.