FX Markets

Deutsche Moves DeSa To London Base As Sources Forecast FX Restructuring

BANKS

Officials at Deutsche Bank confirm that global foreign exchange co-head Michael deSa has moved from New York to the bank's London branch. DeSa, who joined Deutsche in April from Citibank in New York along with nine other Citi FX executives (FX Week, April 25), now supervises the bank's London, New York and Singapore FX operations from London, while co-head Klaus Peter Moeritz oversees the bank's Frankfurt and other Continental European FX dealing rooms.

DeSa failed to return calls by press time

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