DMG Tokyo Cancels Floor Relocations As It Integrates Recently Acquired NatWest Markets Derivatives Unit
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TOKYO--Deutsche Morgan Grenfell Capital Markets (DMG), the investment banking division of Deutsche Bank, has cancelled its plans to move its Tokyo trading floors, and will keep its 220 traders in the Deutsche Bank building, also in Tokyo.
The Deutsche Bank building is the site for three Tokyo trading floors that principally support its global markets, equity and foreign exchange trading operations. At the same time, the DMG unit has integrated its operations with the recently acquired equity
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