Deutsche Bank Appoints Adam Vos as Head of FX for North America

Deutsche Bank AG has reshuffled its Fixed Income and Currencies (FIC) executive team in New York, naming Adam Vos as the bank’s newest Head of FX for North America.

Mr. Vos currently serves as the Co-Chief Operating Officer of Deutsche Bank’s FIC Group, specializing in FX and a number of other financial instruments in the bank’s London location. In his new role he will be relocating to New York, where he will replace David Wayne, who is headed to London to continue his specialization in FX derivatives.

Mr. Vos has been a Deutsche Bank mainstay for nearly a decade, holding such roles as co-COO, Global Head of FX Forwards FX Forwards FX forwards are contracts occurring within the foreign exchange market where market participants lock in exchange rates for the buying or selling of a currency on a predetermined date. Sometimes known as currency forwards, FX forwards can be thought of as a customizable hedging approach.In this sense, upfront margin payments are not required and all contracts are over-the-counter (OTC) due to the decentralized nature of the foreign exchange market. Popularity of FX ForwardsFX forwards are popula FX forwards are contracts occurring within the foreign exchange market where market participants lock in exchange rates for the buying or selling of a currency on a predetermined date. Sometimes known as currency forwards, FX forwards can be thought of as a customizable hedging approach.In this sense, upfront margin payments are not required and all contracts are over-the-counter (OTC) due to the decentralized nature of the foreign exchange market. Popularity of FX ForwardsFX forwards are popula Read this Term, and now Head of FX for North America.