Job moves

QUOTE OF THE MONTH: - “We don’t have a problem with regulators telling us that we should tie our shoelaces, but we don’t want them to tell us how to do it” George Mathewson, chairman of the Royal Bank of Scotland, commenting on the rigidity of the Basel II capital Accord Source: RiskNews, September 23

New role at Deutsche Bank
Deutsche Bank has appointed Thomas Paul (left), head of fixed income for the Americas, as the head of its interest rate risk committee, a newly created position based in London. In his new position, Paul will be responsible for co-ordinating all activities that have exposure to interest rate risk, including fixed-income and derivatives trading, foreign exchange