FX Co-Head Klaus-Peter Möritz Leaves Deutsche Bank Frankfurt

BANKS

Officials at Deutsche Bank in Frankfurt confirm that Frankfurt FX co-head Klaus-Peter Möritz left the bank on November 30 and say that he has not so far joined another bank.

Heinz Gunter Eggebrecht is now in sole charge of the Frankfurt FX group, officials in Frankfurt confirm. Reports in the German press allege that Möritz was "sacked." However, global foreign exchange director Michael deSa and European FX manager Albert Maasland were not available for comment by press time.

he move comes as