Deutsche Bank Creates New CIO Role for Corporate & Investment Banking, Appoints Boillat

Deutsche Bank has hired Pascal Boillat as its chief information officer and head of operations of the firm's corporate and investment banking division.

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Boillat will be based out of London starting at the end of 2016.

Boillat had spent the previous six years at Fannie Mae, most recently as head of its Operations & Technology division. He's also served stints with Citigroup and Credit Suisse, as well as with consultancies KPMG, Bearing Point and Capco.

He will start on February 1, 2016, and will report to Kim Hammonds, who will become chief operating officer, in addition to being CIO, starting on Jan. 1, 2016.

Boillat, who has a degree in electronic engineering from the Berufsschule in Zurich, will move from

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CME: CFTC OKs clearing move to Google Cloud

The CFTC has given the Chicago-based exchange approval to run its clearing and settlement infrastructure on the Google Cloud Platform, while the exchange and vendor have extended their partnership to last until at least 2037.

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