Commerzbank Plans Major Restructuring Of Markets Division, Including FX
BANKS
A major restructuring of Commerzbank's markets division, involving significant expansion in foreign exchange, was approved by the bank's board of directors last week, according to treasury and capital markets director Rudolph Duttweiler.
The reorganization of Germany's third-largest bank will help Duttweiler, who joined Commerzbank in January from Crédit Suisse in London, to fulfill his mandate to raise the bank's market profile (FX Week, November 23).
Duttweiler says he plans to begin by
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