Deutsche Loses Two U.S. Debt Traders

Thomas Curran and Prakash Narayanan, senior debt traders at Deutsche Bank, have left the firm.

Thomas Curran and Prakash Narayanan, senior debt traders at Deutsche Bank, have left the firm, Bloomberg reports. The duo, based in New York, together earned around $800 million for the German lender in past two years.

Curran is leaving to join hedge fund, Rose Grove Capital Management, while Narayanan, who led leveraged finance trading in North America, is going to Saba Capital Management. The bank has also seen departures from its credit- and interest-rates sales desks, and structured-debt and asset-backed-securities groups.

Click here for the story from Bloomberg.