FX Veteran, Steffen Berner Joins LBBW’s Capital Markets Unit

[kreslik.news]

Former Commerzbank executive and foreign exchange (FX) veteran, Steffen Berner has taken up a new role at LBBW (Landesbank Baden-Württemberg), Finance Magnates has learned. His recent focus has shifted into the capital markets space after nearly nine years in the FX industry.

The new appointment is the latest example of the shifting FX space for senior traders and sales personnel, with the industry showing signs of contracting in 2017. Indeed, a number of FX desks have been gutted or absorbed into different units entirely at several leading lenders, most notably European banks embarking on broad-based bids to rekindle profits.

[size=180][b]Veteran ... (read more)