They must have wondered what they were doing wrong, or possibly right, to trigger this extra involvement from David Puth, the bank's global manager of foreign exchange and commodities. Was he arriving to decide which resources to add in Europe, or which to cut? Was he planning to shake up the London management team?
Puth, who is also a managing director for the bank's credit and rates division, was already well known in the London office, having spent one week out of four there for over a year. Now he is turning that travel pattern around.
Puth is quick to quell concerns that his arrival signals a change in direction. "We can shift resources at any time we...
