Deutsche makes senior custody hire

Deutsche Bank has made a senior level hire for its domestic custody services business, bringing on board Nico Torchetti to head up clearing for Asia-Pacific. In what is a new role, Torchetti is responsible for securities clearing across the region. He was previously at Fortis Clearing Japan, based in Tokyo. At Deutsche Bank, he reports to Thibaud de Maintenant, regional head of domestic custody services."This is a new position to provide clearing services for Asia products. It will fo…