Deutsche Bank has lost another high-ranking banker, Charles McIlvaine, who sources said is fuming over his bonus.
McIlavaine, co-head of consumer banking for the Americas, joined Deutsche Bank from JPMorgan Chase in 2006, and has quit without having a job lined up, sources said. He is interviewing with private equity firms, a source said.
Deutsche Bank said McIlvaine has retired.
The departure comes on the heels of a broader brain-drain at the bank, including that of Gerry Walker, who in August had been tapped to run the bank’s riskier loan/bond trading group, and John Karabelas, the bank’s head of investment-grade debt sales.
McIlvaine leaves with a full Rolodex, having been a consumer investment banker for 15-years.