PEOPLE

PEOPLE

Michael deSa, Deutsche Morgan Grenfell's global head of FX in London, has been promoted to a new position as deputy chief executve officer of investment banking for the Asia-Pacific region. A successor in the global FX post has not yet been named.

Rafiq Manji is joining NatWest Markets in London as a senior proprietary, confirms David Buchen, NatWest's global head of proprietary trading in New York. Manji previously held a similar position at Lehman Brothers. He is expected to take up his new

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