Deutsche suspends Mexican peso trader

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Diego Moraiz, a foreign exchange trader at Deutsche Bank who focused on the Mexican peso, has been suspended by the bank in connection with the ongoing investigations into alleged manipulation of currency markets. Based in New York, Moraiz has been with the German bank since 2004. He was suspended on December 18. Moraiz is the first named trader to have been suspended after the bank admitted earlier this month that it is co-operating with the investigations and will take disciplinary action

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