Deutsche Hires Goldman Currency Co-Head as Managing Director

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Deutsche Bank AG, the world’s biggest currency trader, said it hired Gaurang Chadha as a managing director in its North American foreign-exchange investor sales team in New York.

Chadha was co-head of foreign-exchange hedge fund sales for the Americas at Goldman Sachs Group Inc., where he worked for five years, according to a Deutsche Bank statement. Chadha, who was also employed at Citigroup Inc. and ABN Amro Bank NV, will report to Liza Duke and Daniel Swasbrook, co-heads of investor sales, North America.