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.
Deutsche bank birmingham trading floor.
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.
150 people in sales trading structuring and research by the end of the year.
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.
In 2007 deutsche bank opened its doors in birmingham.
Germany s biggest bank will announce its quarterly figures today 30 october 2003.
The move by deutsche bank is at contrast with other big u s.
Plans to move out of the 60 wall street location have been in the making for.
Deutsche bank has been under scrutiny in the united states because of its longtime role as mr.
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.
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.
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.
Deutsche bank has previously said that it is working to improve its anti money laundering systems.
April 28 2013 deutsche bank is to set up a trading floor in birmingham expanding on the small investment banking presence it announced in december.
The financial times reports that deutsche bank is to set up a trading floor in the uk in birmingham.
Deutsche bank employs about 8 000 people in the u s and 5 000 are set to occupy the new u s.