Desselberger stays at Deutsche to focus on M&A foreign exchange

FRONT PAGE NEWS

LONDON -- Matt Desselberger will stay at Deutsche Bank in London to take up a new global markets role within the merger and acquisitions department, the bank said last week.

Desselberger, formerly global head of FX options at Deutsche, had been poised to move to Lehman Brothers to head FX derivatives and emerging markets in London, but a dramatic u-turn saw him remain at the bank.

At the German bank his move into M&A reflects Deutsche’s expectation that FX flows from M&A activity -- which have

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