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Deutsche Bank names Hoops to replace Gibbons as transaction banking chief

Reuters
FILE PHOTO: People are silhouetted next to the Deutsche Bank's logo prior to the bank's annual meeting in Frankfurt, Germany, May 24, 2018. REUTERS/Kai Pfaffenbach/File Photo (Reuters)

BERLIN (Reuters) - Deutsche Bank has named Stefan Hoops to replace John Gibbons as chief of its Global Transaction Banking business division, the company said on Thursday, confirming a newspaper report.

German business daily Handelsblatt had earlier cited an internal document as saying that Gibbons was leaving the company to take a position outside the banking sector.

(Reporting by Hans Seidenstuecker; Writing by Tassilo Hummel; Editing by Maria Sheahan)