Deutsche And Bankers Complete Merger; Ritossa Not Set To Join

BANKS

FRANKFURT--The long-awaited merger between Bankers Trust and Deutsche Bank was finally completed earlier this month. The new bank has a combined asset base of EUR795 billion ($750 billion), making it the largest bank in the world.

Officials at Deutsche have declined to comment specifically on the FX operation. However, a bank official confirms that Bankers' global head of FX, Ivan Ritossa, has not joined Deutsche.

Hal Herron, Deutsche's global FX head, was previously named to head the combined FX

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