Deutsche Bank Makes Multiple PCS Hires

Deutsche Bank's Private Client Services division has hired Gary Domoracki, former Boston Regional Director with Credit Suisse, as regional executive and managing director in Boston. Domoracki is responsible for building the bank's high-net-worth client base in New England, which includes expanding the sales force. He reports to Michael Burke, managing director and head of U.S. Private Client Services. In addition, Nathan Allen has joined the PCS division from UBS Financial Services as director and client advisor in Greenwich. Nicholas Biondi, from Janney Montgomery Scott, joins as Philadelphia Regional Executive. Michael Engelbrecht steps in as managing director and client advisor in Palm Beach, leaving JP Morgan Private Bank there, and Phil McConkey joins the firm as director and client advisor in San Francisco from GGET. McConkey was a member of the New York Giants. Finally, Jay Pickett also joins as director and client advisor in Atlanta from Smith Barney. Calls to Tom Bowers, head of U.S. Private Wealth Management, were referred to a Deutsche Bank spokeswoman who said the new hires will be responsible for business growth.