Former Deutsche Bank traders convicted for Libor rigging scheme
Matthew Connelly and Gavin Campbell Black have been convicted by the US Department of Justice for Libor manipulation.
Matthew Connelly and Gavin Campbell Black have been convicted by the US Department of Justice for Libor manipulation.
Makoto Kuwahara has been with Deutsche Bank for the past 21 years but will join Credit Suisse in mid-November.
Stephen Wood, formerly the global head of market data services at Deutsche Bank, has been hired as global head of enterprise deployment at OpenFin.
Deutsche Bank’s CFO says external research costs related to MiFID II reached €20 million in the first half of the year.
Phillipe Moryoussef of Barclays and Deutsche Bank’s Christian Bittar are due to be sentenced on 20 July for manipulating Euribor.
FX traders at Deutsche Bank were found to have used online chat rooms to coordinate trading activity and manipulate currency prices.
Equities sales and trading team in Asia at Deutsche Bank undergoes reshuffle following global equities strategy.
Thomson Reuters launched its Investment Research Marketplace on Eikon earlier this year.
Overall headcount at Deutsche Bank will be slashed by more than 7,000 by the end of the year, with a 25% reduction in equities sales and trading.
Deutsche Bank’s plans will involve a significant reduction in headcount across the US and Asia.