Nick Parsons Joins Commerzbank As Head Of European Strategy

BANKS

LONDON--Filling a space vacated earlier this summer by the departure of Stewart Newnham, Commerzbank last week announced the appointment of Nick Parsons as London-based head of European strategy.

Parsons, one of the best-known currency analysts in the business, was formerly in a similar position at Paribas in London. In his new role, he will oversee a team of strategists in the UK and Germany, and will report to Alfred Schorno, Commerz's global head of FX in Frankfurt.

When he takes up his new

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