Commerzbank, Germany's third largest bank, has fired several foreign exchange options traders, a week after cutting 20% of its investment banking staff.

The job losses, which include Behnouche Mostachfi, a senior currency options trader, do not reflect Commerzbank's recognised expertise in FX trading - the bank recently topped a Reuters foreign exchange forecasting poll.

Sophie Brodie

Commerzbank

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Commerzbank cuts FX options traders

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