Deutsche Bank’s global spot trading head departs

Lee Merchant is latest in a string of senior FX departures for German dealer

Deutsche Bank Frankfurt HQ

Deutsche Bank veteran Lee Merchant, global head of foreign exchange spot trading, has left after more than 25 years with the bank. 

Merchant departed at the end of 2023, according to his Linkedin profile. He was previously based in London, where he had run Deutsche’s spot trading business for the past 19 months. 

Merchant has spent his entire career at the German bank in various spot trading roles in London, New York, Tokyo and Sydney. During his time in Australia, he served as head of Asia

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services -, or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: