Deutsche Bank Trading Floor Birmingham

We want to be the bank of choice in the uk said hsbc uk chief antonio simoes.

Deutsche bank trading floor birmingham.

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. Plans to move out of the 60 wall street location have been in the making for. Birmingham is the uk s second city. The financial times reports that deutsche bank is to set up a trading floor in the uk in birmingham.

Deutsche has had an office at. 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. Deutsche bank is to set up a trading floor in birmingham expanding on the small investment banking presence it announced in december.

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. 150 people in sales trading structuring and research by the end of the year. Ease of communication has always been pivotal when thinking about the design and layout of trading. Gensler s other clients include jpmorgan deutsche bank citigroup nomura and societe generale.

The german bank is already the biggest foreign owned. Hsbc has around 2 500 staff there and deutsche bank set up a trading floor in the city in 2013. Deutsche bank has promised to get very aggressive about costs. In 2007 deutsche bank opened its doors in birmingham.

Deutsche bank employs about 8 000 people in the u s and 5 000 are set to occupy the new u s.