Deutsche Bank Continues to Shake Up FX Unit as Ahmet Arinc Departs

[kreslik.news]

Deutsche Bank AG is primed for another shakeup in its foreign exchange (FX) unit, which has been the subject of myriad alterations over the past year. Its latest move will see the departure of its Head of FX and Emerging Markets (EM) debt trading, Ahmet Arinc, who will be parting ways with the group, per a recent Bloomberg report.

Deutsche Bank has been one of the biggest movers of personnel in the past few months. During Q4 2015, the bank announced an ambitious strategy to cut up to 35,000 workers across its global business amidst sagging revenues and profit ... (read more)