Tag: Deutsche Bank

The past week saw appointments from Deutsche Bank, Mizuho Americas, Redburn, Clear Street, Stifel Financial and Tradefeedr.

New co-head brings 20 years’ experience across FX and fixed income markets, having previously served at Credit Suisse and Bank of America Merrill Lynch.

Profit before tax for Q2 was up 33% year-on-year, while post-tax profit was up 46% to €1.2 billion.

Lack of equivalence between the UK and Europe post-Brexit saw a huge chunk of derivatives trading move to the US, however, proposed upcoming regulatory changes have the potential to push some of that liquidity back across the pond.

Incoming sales trader and trader previously spent two and a half years at Sova Capital which went into special administration in March after the Russian invasion of Ukraine.

Fourth quarter results mark the bank’s sixth consecutive period of profit on the back of a boom in corporate banking, as it steps up its ‘compete to win’ strategy.

The bank calls on industry to dig deep, clean up aged fails and improve operational processes to ensure the new settlement regime is a success.

The exchange group confirmed in June last year that it would be launching the hub as part of an ongoing market-wide scheme with the Monetary Authority of Singapore.

As BNP Paribas takes on Deutsche Bank’s prime brokerage and electronic equities clients, the bank has named its new head of prime services.