Deutsche Bank Dismisses Credit Trader Over Client Chats
- Tian Zeng left firm after internal review, broker records show
- Zeng is said to disclose Credit Suisse involvement in a trade
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Deutsche Bank AG dismissed a trader after finding that he disclosed details about Credit Suisse Group AG’s involvement in a trade, according to people with knowledge of the matter.
Tian Zeng, a senior credit-index trader in New York, left the German bank at the end of February following an internal review, brokerage-industry records show. Deutsche Bank concluded that he violated the firm’s policies “with respect to confidentiality and external third-party communications,” according to the records.