Deutsche Bank Hires Credit Suisse’s Lim as Asia M&A Co-Head

Deutsche Bank AG hired Credit Suisse Group AG’s head of mergers and acquisitions for Southeast Asia, according to people with knowledge of the matter, as rival banks pounce on top talent from the embattled Swiss lender.

Lim Zi-Kuanwill become the German bank’s co-head of M&A for Asia, the people said, asking not to be named as the matter is private. Lim resigned from Credit Suisse recently and is expected to join Deutsche Bank in the next few months, one of the people said.

Spokespeople for both lenders declined to comment.

The first emergency sale of a major ...