Deutsche Bank Head of Global FX Ahmet Arinc on Leave: Bloomberg
- While no official confirmation has been provided by the bank, an internal promotion is likely to fill the position.
Deutsche Bank’s Head of Global FX trading, Ahmet Arinc, is said to be on leave according to sources with knowledge of the matter cited by Bloomberg. The German lender is likely to look for an internal candidate to fill the role. A Deutsche Bank spokesperson declined to comment on the matter.
The new world of Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term, fintech and marketing – register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.
Arinc is rumored to be remaining as an employee of the bank. Aside from his top foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term desk role, he was also Global Head of EM Trading (Central and Eastern Europe, Middle East and Africa, Latin America).
With his appointment to the foreign exchange desk he has not been relieved from his duties related to the EM business. In addition, Arinc has been appointed to manage one of the company’s toughest businesses in 2013 - European Credit and Rates Trading.
Deutsche Bank has been all over the wires in the beginning of 2016 as the lender reported massive losses in fiscal 2015 which have pushed its share prices to the levels lower than at the height of the financial stocks meltdown in 2008-2009.
The biggest German lender incurred losses to the tune of €6.8 billion last year, prompting the CEO of the company John Cryan to announce a set of cost cutting efforts, which are likely to gradually transform the lender’s key businesses.
Top banking executives are frequently taking their annual leave days before they part ways with their employer. Deutsche Bank's shares have plummeted over 45 per cent of their value over the past year. The bulk of compensation for top executives includes funds that are tied to the value of the shares of the company.
As of the end of 2015, the bank has over 101,000 employees, which is the highest level since 2011.
Deutsche Bank’s Head of Global FX trading, Ahmet Arinc, is said to be on leave according to sources with knowledge of the matter cited by Bloomberg. The German lender is likely to look for an internal candidate to fill the role. A Deutsche Bank spokesperson declined to comment on the matter.
The new world of Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term, fintech and marketing – register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.
Arinc is rumored to be remaining as an employee of the bank. Aside from his top foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term desk role, he was also Global Head of EM Trading (Central and Eastern Europe, Middle East and Africa, Latin America).
With his appointment to the foreign exchange desk he has not been relieved from his duties related to the EM business. In addition, Arinc has been appointed to manage one of the company’s toughest businesses in 2013 - European Credit and Rates Trading.
Deutsche Bank has been all over the wires in the beginning of 2016 as the lender reported massive losses in fiscal 2015 which have pushed its share prices to the levels lower than at the height of the financial stocks meltdown in 2008-2009.
The biggest German lender incurred losses to the tune of €6.8 billion last year, prompting the CEO of the company John Cryan to announce a set of cost cutting efforts, which are likely to gradually transform the lender’s key businesses.
Top banking executives are frequently taking their annual leave days before they part ways with their employer. Deutsche Bank's shares have plummeted over 45 per cent of their value over the past year. The bulk of compensation for top executives includes funds that are tied to the value of the shares of the company.
As of the end of 2015, the bank has over 101,000 employees, which is the highest level since 2011.