FX Markets

Deutsche replaces NY spot team after HSBC defection

NEWS

NEW YORK -- Deutsche Bank has named its spot FX line-up in New York, following the defection of five key staff to HSBC last month.

The desk is now fully staffed with internal replacements, Perry Parker, head of New York FX trading and co-head of the global spot business at Deutsche in New York told FX Week.

Andre Katz has been named chief dealer in New York, reporting to Parker. Katz transferred from the bank’s London operation, where he was deputy head of the London spot desk. Gavin O’Loughnane

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