Michael Jinn, co-head of European CDO structuring and head of securitization coverage for Portugal at Deutsche Bank, has left the bank to rejoin his old boss, Michael Raynes, at Citigroup. Raynes, who was global co-head of the securitized products group and global head of CDOs at the German bank, surprised the market by jumping ship to Citi earlier this year. He is likely to raid his old Deutsche team for further staff in the future.