More Change at Deutsche as Reid Retires
Posted by Colin Lambert. Last updated: May 2, 2023
A period of change at Deutsche Bank continues with the end of an era as Dave Reid, global head of FX prime brokerage and FXPB industry veteran, retires. Over the past months, global head of FX Russell Lascala has also announced his retirement, as has Hans Ephraimson, head of FX sales in the US.
Reid has been at the centre of the FX prime brokerage industry during an extended period of change and evolution, initially with pioneers AIG, where he worked for over four years. He then moved to Citi as head of FXPB sales, a time during which the bank made a major move into the FX prime brokerage space and established a leadership position for many years.
In late 2017, Reid was appointed global head of FX prime brokerage at Deutsche Bank, a role he has held since, helping guide the business through the stormy waters of credit rating troubles and then recovery.
Reid will be joining The Full FX publisher Colin Lambert on stage at next week’s Stockholm event for a perspective on his time in the industry and the changes taking place therein. Register here to attend.