RBS boosts German sales staff

Tim Leach, head of German FX sales in London, currently runs a two-man team with Philipp Groh. However, a company spokesman said the bank will increase resources to meet demand. Groh joined in April to replace Torsten Ziedler, who left the bank to return to Germany.

"Germany has become one of the most important European markets for RBS – its industry has continued to maintain home-grown production while successfully exporting it," Leach told FX Week. "This is contrary to, for example, the UK