News

Deutsche Bank Gives Saleswoman Time To Think About What She’s Done

Kai Lew was allegedly a little too open with the Monetary Authority of Singapore.

Kai Lew, a director of sales at Deutsche Bank in London tasked with handling central-bank clients, was put on leave because the bank—the biggest currencies dealer in the world—concluded that she had improperly shared trading information with the Monetary Authority of Singapore, or MAS, this person said. She is one of roughly 30 employees at nine banks who have been fired or suspended as part of a burgeoning global investigation into possible manipulation of currencies markets, and the first in sales rather than trading. At the time her suspension was first reported, March 31, the reasons for the move were unclear.

Deutsche Bank Found Inappropriate Communication Between Staffer, Central Bank [WSJ]

4 comments
(hidden for your protection)
Show all comments

4 Responses to “Deutsche Bank Gives Saleswoman Time To Think About What She’s Done”

  1. SEC Intern says:

    I don't know if it's from all the work I've been doing this morning or what but my brain was hoping that Kai Lew being a little too open had a kinkier ending to it.

    • el guesto says:

      i think you're confusing the word she with the word "she". Kai Lew isn't your type of east asian "woman"

  2. B Iteme says:

    Okay, so Kai is just some salacious sales slut sharing secret currency information in hopes of success. What a surpirse. Someone on the CB team is pimping for the client. These staffers are valueless. Any decent manager should know the CB Sales people are just client advocates. Guaranteed this person ends up moving to some other place like BNP, HSBC or RBS because someone at MAS puts in a call on their behalf.

  3. Guest says:

    fuck off