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Custody giants hit by wave of departures

Citigroup, Deutsche Bank, JP Morgan and Northern Trust have all suffered top-level departures from the ranks of their custody businesses this week

One of the most senior custody and transaction bankers at Deutsche Bank has left the firm in a move that rounds off a week of top-level departures at the world’s largest custodians.

Dinkar Jetley, global head of trust and securities services and cash management for financial institutions within the global transaction banking unit at Deutsche Bank, is to leave the company for personal reasons, a source close the company confirmed last night.

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