Deutsche Bank has lured Philip Mok Wan-yu away from SG Securities to become its head of Greater China research. Mr Mok, who had a similar position at SG, will take up his new job by the middle of next month. 'Mr Mok will be responsible for integrating the stock coverage in Hong Kong, China and Taiwan into a Greater China framework as well as providing a consolidated strategic view for Greater China,' Deutsche said. The hiring of Mr Mok follows Deutsche's capture of highly rated regional strategist David Scott, who was made redundant late last year in the demise of Indosuez WI Carr's regional broking operations. Deutsche has ambitions to be a greater force on the regional investment banking scene, although last year it slipped to 14th from 12th on Institutional Investor's research rankings. An SG official confirmed Mr Mok left the company on Saturday. 'As regards his replacement we will be making a statement in the coming weeks,' she said.