Trading places, March 8, 2010
Two depart Commerzbank
Jan Cernohorsky and Michael Klawitter have quit Commerzbank, according to internal sources. Cernohorsky, head of foreign exchange options structuring at the bank, reported locally to Ralph Sebastian, head of interest rates and hybrid derivatives. Cernohorsky headed a team of 10: five in London, two in Singapore, two in Frankfurt and one in New York. His final day is April 5, according to a source at the bank.
Meanwhile Klawitter, a senior currency strategist in Frankfurt
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