Deutsche dealt blow in Asia

NEWS

It is thought that Rajpal will be expanding the US investment bank's FX and rates trading business in Asia.

In February, Deutsche named Rajpal global head of Asian currency trading, as part of a wider reorganisation of senior FX management (FX Week, February 26). The bank is believed to be looking for a replacement for Rajpal.

The German bank is, however, continuing to develop its presence in the region. Last week, it advised the China Banking Regulatory Commission of its intent to apply for

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