Ibrahim out, Lim in

Big changes to Deutsche''s bond team in Malaysia.

The head of Deutsche Bank's bond team in Malaysia, Mohamad Rashdan Ibrahim, left the bank last week and has been replaced by Peter Lim. Deutsche Bank spokesman Michael West would not comment on why Ibrahim has left the bank.

Rumours that his departure was due to regulatory investigation have been denied. I can confirm that there is no investigation by Bank Negara Malaysia, said West in a written answer to an e-mail question.

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