Deutsche Bank Raids Citibank London To Staff New Global Options Operation
BANKS
Deutsche Bank is creating a global book in currency options to be run out of London--and has staged another raid on Citibank to staff it, confirms the bank's global co-head of foreign exchange, Klaus Peter Moeritz. Deutsche, which poached nine executives from Citi in New York in April (FX Week, April 26 ) has hired four more from London: Klaus Wagner, London options chief, and deputies Eric Legent, Edward Forhees and Stefan Müller.
Moeritz says the move is unrelated to the Citi defections in New
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