Deutsche Bank said to put in temp head of Russian equities

Deutsche Bank - External

Deutsche Bank’s Evgeny Monakhov is overseeing Russian equities while Tim Wiswell, who runs the unit, is on temporary leave, according to two people with knowledge of the matter.

Bloomberg News reports that Wiswell, who has been with the bank in Moscow since 2003, was suspended along with other colleagues amid an internal inquiry over a trading matter, said one person, who asked not to be named because the information is private.

Monakhov, who joined the bank in 2010 after 13 years with Credit Suisse, declined to comment by e-mail. Wiswell declined to comment when reached by phone. The bank on April 10 said it suspended 'a small number of individuals' in its Moscow equities trading operation, pending the results of an internal review.

To access the complete Bloomberg News article hit the link below:

Deutsche Bank’s Monakhov Said to Run Russia Equities Temporarily

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