Deutsche hires Paul Houston in FXPB
Deutsche Bank has appointed Paul Houston as European head of foreign exchange prime brokerage (FXPB) and global head of over-the-counter FX clearing.
The hire is a significant coup for Deutsche as it prepares for regulatory change and mandatory clearing of parts of the FX market. Houston joins from Credit Suisse, where he was global head of FX prime brokerage in London, reporting locally to John Dabbs, managing director in prime listed derivatives.
Houston joined Credit Suisse from Royal Bank of
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