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Andreas Ruger has left his position as head of European FX sales at Commerzbank in Frankfurt, a bank source told FX Week. He may continue to work for the bank in another field, according to the source, although no announcement has yet been made.

Ruger’s departure is the latest from the bank’s FX sales team in recent months. In December Commerz cut four from FX, including one sales dealer (FX Week, December 16). That followed the departures of head of UK FX sales Alison Fletcher in October (FX