Deutsche Bank names new head of FX for Europe in London [Reuters]
BNP PARIBAS SPONS ADR (BNPQY)
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Source: Reuters
Jerome has held similar roles at JP Morgan and Morgan Stanley and was recently one of the founders of a technology company active in foreign exchange. At Deutsche Bank, he will report to Sameen Farooqui, co-head of global foreign exchange, and Panos Stergiou, head of institutional client group. David Leigh, who took the role of head of European forex at the German bank last year, is leaving the lender. Macro traders at Deutsche Bank have rivals at BNP Paribas and Barclays Plc in the first quarter. Income from trading rose 7% from the same period last year, beating expectations for a 2.6% gain and ahead of a 3% combined drop by the five biggest U.S. banks. Get a look at the day ahead in U.S. and global markets with the Morning Bid U.S. newsletter. Sign up Reporting by Stefania Spezzati; Editing by Kirsten Donovan Our Standards: Stefania Spezzati Thomson Reuters Stefania is an award-winning reporter who covers European banking at Reuters. Based in London, she chronicl
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