Deutsche Bank FX Saleswoman Said to Be Placed on Leave

Deutsche Bank AG (DBK) placed a currency saleswoman on leave amid an international probe into whether bankers conspired to rig benchmark rates, according to a person with knowledge of the matter.

Kai Lew, who handled business for central banks in London, was told not to come to work for a while, said the person, who asked not to be identified because the matter is private. She may not have done anything wrong, the person said.

Lew is among at least two dozen traders who have been fired, suspended or put on leave by banks including Citigroup Inc., Royal Bank of Scotland Group Plc and Barclays Plc as authorities on three continents investigate currency markets. Sebastian Howell, a Deutsche Bank spokesman, said the bank has received requests for information from regulators.

“The bank is cooperating with those investigations and will take disciplinary action with regards to individuals if merited,” Howell said.

Reuters reported earlier today that Lew was on leave.

To contact the reporter on this story: Zeke Faux in New York at

To contact the editors responsible for this story: Peter Eichenbaum at Dan Reichl, Steven Crabill

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