FX traders at Deutsche Bank were found to have used online chat rooms to coordinate trading activity and manipulate currency prices.
Tag: Deutsche Bank
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.
Long serving Deutsche Bank veteran Christian Sewing will replace John Cryan as chief executive officer.
Deutsche Bank targets greater share of research market and predicts competitors to scale back.
Former Deutsche Bank trader Guillaume Adolph fined £180,000 and banned from industry by the FCA.