Deutsche Bank said on Tuesday it hired five professionals for its financial institutions group who are former Lehman Brothers employees.

The group includes William Curley, a managing director at Lehman and founder of Cohane Rafferty Securities, as well as Anthony Viscardi, who worked at Lehman for 20 years.

Both will be managing directors in Deutsche's FIG group and they will be responsible for mortgage finance sector coverage. They are based in New York.

At Lehman, Curley was a managing director and head of the firm's mortgage banking advisory practice. He has over 19 years of investment banking experience and was the founding member of Cohane Rafferty Securities, a boutique investment banking that advised mergers and acquisitions in the mortgage banking industry. Cohane Rafferty was acquired by Lehman in 2002.

Viscardi was a managing director in Lehman's financial institutions group where he covered the non-bank finance sector.

Others hired by Deutsche Bank include Matthew Monahan, who joins as a director and was a senior vice president in Lehman's structured asset solutions group. Peter Salwin, joins as a vice president, working with the FIG team in both specialty and mortgage finance. At Lehman, Salwin worked in the banking firm's FIG group since joining as an analyst in 2000. Daniel Zimbaldi also joins Deutsche as a vice president, focusing on the mortgage finance sector, and Brendan Sheldon joins as an associate.

Originally published in IDDMagazine.com.