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Deutsche Bank Reshuffles FX Sales

Deutsche Bank has reorganized its foreign exchange sales division as the department has continued to grow. Ken Reich, head of fx sales for North and South America, has been promoted to global head of sales. He will continue to report to Colin Grassie, regional head of the institutional client group for the Americas. Rashid Hoosenally, European head of fx sales and a member of the global fx management committee, is now head of fx client strategy and remains a member of the committee. He previously reported to Grassie and now reports to Jim Turley, global head of fx.

The European head of fx sales role has been split along client lines. Drew Bradford, head of fx trading, will run European institutional clients and Stephane Treny, fx sales to France and the Benelux region, will head the product for European corporates. Both will report to Reich, but Treny will also report to Marzio Keiling, head of European corporate coverage. Alex Barrett, fx sales, will also move to the country coverage group for European corporates reporting to Keiling.

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