Deutsche Bank Birmingham Trading Floor

The move by deutsche bank is at contrast with other big u s.

Deutsche bank birmingham trading floor.

150 people in sales trading structuring and research by the end of the year. The bank is moving to a new office and trading floor next summer when in person operations are slated to return the journal noted. Deutsche has had a near shoring centre in birmingham since 2008 but electronic trading has made it possible for the bank to shift so called front office banking jobs there too. Since then we ve expanded our offering to cover a range of businesses including asset and wealth management investment banking and related infrastructure services such as technology operations legal audit compliance and human resources.

Deutsche bank has been under scrutiny in the united states because of its longtime role as mr. Deutsche bank has previously said that it is working to improve its anti money laundering systems. Simonsen previously boasted that deutsche had increased front office revenues from its birmingham business by 150 and was planning a trading floor to seat 270 people. The financial times reports that deutsche bank is to set up a trading floor in the uk in birmingham.

A member of exchange staff uses a fixed line telephone while looking at financial data on computer screens on the trading floor of bats europe the european arm of bats global markets inc in. In 2007 deutsche bank opened its doors in birmingham. A trader pictured on the trading floor of deutsche bank in the city of london dpa files a view of the trading floor at the deutsche bank in frankfurt germany 20 august 2003. The german bank is already the biggest.

Deutsche bank employs about 8 000 people in the u s and 5 000 are set to occupy the new u s. Erik simonsen the former head of the corporate banking and securities division at db in birmingham left the bank for a job in los angeles in mid 2016. As a result deutsche is opening a trading floor in birmingham and plans to add 150 people to its current headcount of around 1 000 by the end of this year.