Maslen exits Deutsche as FSA fines both for misconduct

Trader forfeits €1.8m of 2004 bonus

David Maslen, former head of European cash equities trading has exited Deutsche Bank ahead of today's Financial Services Authority announcement that it is fining both a total of £6.7m ($11.7m) for market misconduct.

A spokeswoman for Deutsche confirmed that Maslen, who was fined £350,000 and ordered to forfeit €1.83m of his 2004 bonus, had left "recently".

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