Deutsche restructures FX operations in Japan
NEWS
The new structure sees a yen-focused trading and sales team built into Deutsche Securities, enabling the team to work alongside the bank's global markets business locally. Previously, trading coverage for Japan came from Singapore and New York, while sales was run from Deutsche's banking branch in Tokyo.
Drew Bradford, managing director, global finance and foreign exchange at Deutsche Securities in Tokyo, said bringing FX sales and trading under the same roof as the rest of the global markets
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