Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Deutsche Bank FX Saleswoman Said to Be Placed on Leave

March 31 (Bloomberg) -- Deutsche Bank AG 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 zfaux@bloomberg.net

To contact the editors responsible for this story: Peter Eichenbaum at peichenbaum@bloomberg.net Dan Reichl, Steven Crabill

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.