Deutsche Bank Said to Dismiss Traders Amid Regulatory Probe
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Deutsche Bank AG dismissed two senior employees in its securitized-debt business as regulators investigate the lender’s trading of commercial-mortgage bonds.
Ben Solomon, global head of securitized-product trading, and Ashish Jain, who ran sales in the Americas for the group, left the company this week, according to two people with knowledge of the matter who asked not to be named because the information wasn’t public. Two others in their group were terminated in June, industry records show.