Veteran Banker John Utendahl Joins Deutsche Bank

Veteran banker John Utendahl is moving to Deutsche Bank.

The 52-year-old Utendahl had run his own boutique investment bank, Utendahl Capital Partners LP, from 1992 until this year, when he gave it up to another minority-owned firm, Williams Capital.

It was a difficult end for the onetime Salomon and Merrill Lynch bond trader who built up a solid business advising companies on their bond offerings and underwriting mortgage deals. “We weren’t getting much meat on the bone,” he recalls of the challenge getting banking business in the wake of the financial crisis.

The hire also may get Deutsche Bank more mentions in the gossip pages. Utendahl, after all, is often seen around town with girlfriend Tyra Banks, the former supermodel and television personality.

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