Deutsche Bank added to its North American trading workforce on Tuesday with four new hires in its energy commodities business within its Global Markets division in Canada. Raymond Houghton, Mike Kardash, David Lake and Alan Wright have joined as directors and will be based in Calgary. Houghton, Kardash and Lake joined the bank’s U.S. natural gas trading business from Northern Lights Capital Advisors, a division of Centaurus Energy. They will report to Andrew Grams, managing director and head of North America Power and Gas trading, and Derek Davies, managing director and head of Commodities in Canada. Wright, who came from TD Securities where he led the energy sales and origination team, will be responsible for Canadian commodity sales and will report to Davies. Previously Wright was with CIBC World Markets in Calgary and New York, and Enron Canada in Calgary. Deutsche Bank recently made several hires within its Global Markets division in Canada, underscoring the bank’s commitment to the region. Based in Toronto, Norman Brownstein joined as a managing director, and Sheldon Chychrun joined as a director in the Institutional Client Group, and Berkeley Hynes has joined as a director in Debt Capital Markets.

©Copyright 2009Intelligence Press Inc. All rights reserved. The preceding news reportmay not be republished or redistributed, in whole or in part, in anyform, without prior written consent of Intelligence Press, Inc.