Deutsche hires new M&A head

Deutsche has announced the hire of a new Hong Kong-based head of Asian M&A. Douglas Morton joins from JPMorgan where he was a managing director and had worked in M&A and industry coverage. Morton has over 18 years experience in corporate finance and had previously worked for Jardine Fleming and Robert Fleming - in both Asia and Latin America. The announcement signals Deutsche's intent to grow a more meaningful M&A franchise. Morton's alma mater, JPMorgan has regularly b…