Another senior credit trader is out at Deutsche Bank, sources told Business Insider.
Steven Feinberg, who runs IG credit trading, is resigning from the firm, according to people familiar with the matter.Feinberg's departure adds to a long list of exits in the firm's credit-trading unit this year.Steven Feinberg, head of investment-grade credit trading at the bank, has resigned from the bank, according to people familiar with the matter.
Sources said he is set to join Japanese bank MUFG to take on a broader role leading all of credit trading. Deutsche had tried to bid him back. MUFG's head of credit trading in the Americas and EMEA, Joram Siegel, is leaving the company, people familiar with the matter told Business Insider. this year. Seda Arca resigned earlier this month to trade corporate bonds at JPMorgan, reporting to Nick Adragna, head of IG credit trading., Business Insider reported this month.
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Rats,! fleeing ship!
Crooked doesn’t even begin to describe Deutsche Bank.
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Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: BusinessInsider - 🏆 729. / 51 Read more »