Peter Billington has been promoted to head of FX trading at Commerzbank. Previously Billington was deputising the role. He reports to Hui-Sun Kim, global head of fixed income and currency trading.
Salvatore Rubino has joined Commerz from Bank of America Merrill Lynch to run FX derivatives. Before BofA/Merrill, Rubino worked at JPMorgan and Credit Suisse. Rubino will report to Billington.