Deutsche Bank’s Jeffrey Mayer Said Leaving for Cerberus

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Jeffrey Mayer, Deutsche Bank AG’s head of corporate banking and securities for North America, is leaving the company to join Cerberus Capital Management LP, according to two people briefed on the matter.

The people asked not to be named because the pending departure hasn’t been made public. Mayer didn’t respond to an e-mail seeking comment. Michele Allison, a Deutsche Bank spokeswoman in New York, said he is still currently employed by the bank and declined to comment further. John Dillard, a spokesman for New York-based Cerberus, declined to comment.