Deutsche Bank Securities Thursday confirmed the hiring of muni derivatives specialist Ryan Donovan as a director within the municipal capital markets group.

Donovan is best known for his work at Bear Stearns, where he led the municipal derivatives marketing desk as a senior managing director. He joined Bear in 1995 and remained with the bank until its final days in June 2008 — with the exception of two years at UBS, where he was an executive director of municipal derivatives marketing from 2004 to 2006.

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