Commerzbank's Nick Parsons takes on ALM strategic trading

In his new role, he will report to Can Bitrim, head of treasury at Commerzbank in London, and will focus on assisting the asset and liability management (ALM) trading team in taking strategic positions for the bank. "It is an exciting time to join ALM," Parsons told FX Week.

His former FX responsibilities will be managed by the remaining currency strategists in the interim, but Commerz is also seeking a permanent replacement for the role, said the spokesperson.

Parsons, a well-known currency

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