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Deutsche Bank has hired part of Citibank's equity warrants team as part of its ongoing bid to topple Citibank as the number one warrants player. Frank Langer, deputy global head of warrants at Citibank in Frankfurt, and three of his traders will join Deutsche Bank in Frankfurt at the beginning of June. The bank also plans to hire five or six sales professionals in the coming months, according to Yassine Bouhara, head of European equity derivatives at Deutsche Bank in London. Bouhara told DW in 1999 it was planning on knocking Citibank off its number one perch (DW, 4/26/99) and he believes with these hires it has gone a long way to achieving that goal.