Deutsche Shuffle Of Senior Treasury Managers Points To Investment Bank Takeover Of Trading

BANKS

Deutsche Bank has made some senior management changes in its treasury and capital markets group that may point the way to an eventual merger of the bank's trading businesses with those of Morgan Grenfell -- within the new Deutsche Investment Bank division that now incorporates Grenfell.

Deutsche officials confirm that Alexander von Ungren-Sternberg, formerly group treasurer for the bank, will move to London to join the board of the new investment bank on July 1 as head of global markets. To

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