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*William McNabb has been promoted from head of institutional and international business with Vanguard to the firm's new president, effective March 1.
*Deutsche Bank has named Rich Herman global head of the firm's institutional client group, replacing Jim Turley, who is taking a sabbatical for the rest of the year and will return to another position. The firm also appointed Colin Fan and Boaz Weinstein co- heads of global credit trading, where Weinstein will oversee North American and Europe and Fan will oversee Asia. Fred Brettschneider was named head of global markets in...