Deutsche promotes Hitchon to run Markets Clearing


Deutsche Bank has made Jon Hitchon head of its new clearing service, Markets Clearing, in New York.

Hitchon was previously co-head of global prime finance and will continue to report to Alan Cloete, head of global finance and FX and chair of the platforms committee in London.

He will be replaced in his former role by Roger Naylor, head of global equity derivatives. 

Naylor’s counterpart as head of prime finance will be Barry Bausano, who has been in the role for five years and is also head of

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