- Deutsche Bank’s head of emerging markets fixed income sales in Europe has left the company after only a couple months.
- Ken Reich was hired in September to help run the company’s fixed income sales operation for Europe, the Middle East, and Africa.
- It was his second stint at the firm.
Ken Reich, who was hired by Deutsche Bank in September to help run its emerging markets fixed income sales operation in Europe, has left after only a couple months, the company confirmed.
It was not immediately clear why Reich left the firm after such a short stint.
Deutsche Bank declined to comment further on the matter.
Reich was hired as head of emerging market fixed income sales, covering Europe, the Middle East, and Africa in September. This was his second go around at the German bank, where he formerly ran global FX sales.
Prior to returning to Deutsche Bank, Reich worked at Man Financial. Before that, he was the European regional head of financial markets for Standard Chartered in London.
In the meantime, Reich’s responsibilities will be assumed by others at the firm, including David Posen, global head of emerging markets sales.
The bank has been expanding its emerging markets bond trading business, hiring nearly 20 debt traders and four sales people since mid-year.
This story is developing.