06:50 AM EDT, 08/13/2025 (MT Newswires) -- Deutsche Bank ( DB ) is looking to expand its operations in the emerging markets and is building teams by hiring former sales executives from Goldman Sachs ( GS ) and Bank of America ( BAC ) , Bloomberg reported Wednesday, quoting people familiar with the development.

Joseph Puerner, who previously worked for Goldman Sachs ( GS ) focused on sales in the emerging markets, and Chris Pavacic, who recently worked for Bank of America ( BAC ) and was in charge of developing-nation fixed-income sales, are expected to be joining Deutsche Bank ( DB ) shortly, the report said.

Deutsche Bank ( DB ) did not immediately reply to MT Newswires' request for comment.