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Deutsche Bank Currency Trading Chief Arinc Leaving the Firm

  • Arinc’s duties were assumed by David Wayne, Sean Bates: memo
  • Deutsche Bank one of world’s biggest currency-trading firms
Updated on

Deutsche Bank AG’s head of foreign exchange and emerging market debt trading, Ahmet Arinc, is leaving the company, according to a memo to staff.

David Wayne and Sean Bates will continue in their respective roles as head of currency trading and head of emerging market debt trading, reporting directly to Ram Nayak, the London-based head of debt trading, according to the memo seen by Bloomberg. A spokesman for Frankfurt-based Deutsche Bank confirmed the memo’s contents and declined to comment further.