Deutsche Morgan Grenfell Name Now Taken On By Sydney Branch

BANKS

The final part of the investment banking division of Deutsche Morgan Grenfell (DMG) adopted the name in Sydney two weeks ago, says Ian Town, head of FX in Sydney. The new DMG brand encompasses both the former Deutsche Bank AG name in Sydney and that of its fully-owned subsidiary Bain & Company (a strong Australian and New Zealand dollar fixed income, equities and corporate finance brokerage house), that it acquired in whole in 1992.

"We're looking to leverage the Bain franchise and relationsh