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Deutsche’s Herron to Oversee Global FX in Bankers Merger

Having just received approval from US authorities to proceed with its acquisition of Bankers Trust in late May, Deutsche Bank has begun to appoint managers to oversee the combined group. Deutsche’s current global FX manager, Hal Herron, was named to the same post for the new unit, but the fate of Bankers’ global FX chief, Ivan Ritossa, had not been announced when Profit & Loss went to press.

Deutsche was due to move into a new trading room in London on June 11. The new dealing room is located at Winchester House on 1 Great Winchester Street in the City.

Profit & Loss

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