BAML’s Ghalloudi hired to take over Deutsche IG trading

By Owen Sanderson
18 Jun 2014

Deutsche Bank has hired Omar Ghalloudi from Bank of America Merrill Lynch to head investment grade trading in EMEA, bringing to an end the fusion of investment grade trading with ABS trading under Nick Waring.

Waring has run the combined group since last year, but this was always intended as a temporary arrangement, according to a source with knowledge of Deutsche's trading operations. Waring took over the combined group after the departure of Vassilis Paschopoulos in August 2013.

The bank also struggled with the ...

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