Deutsche Bank has expanded its services in Nordic region by creating a new dedicated FX sales team, covering all institutional, sovereign, public sector, corporate and mid cap clients in Sweden, Norway, Denmark, Finland and Iceland. The new sales team will be based in Stockholm and will provide a multi-product service.

At present, the bank operates offices in Stockholm, Helsinki and Oslo with more than 40 dedicated professionals providing Nordic clients with corporate finance, transaction banking, equity brokerage, equity research, asset management and private wealth management services.

The new team includes local FX specialists, led by Tommy Rolke, with Martin Hessle, Peter Odefalk and Henrik Svensson joining him.

Mr Rolke joins Deutsche Bank from Swedbank where he spent two years as head of FX sales. He was previously part of Deutsche Bank’s FX sales team in London for six years and before joining Deutsche Bank he spent time at RBC and SEB.

Mr Hessle joins from SEB where he held a specialist sales role within the FX trading area. He was previously at Svenska Handelsbanken and was also for several years working with Citibank’s local FX sales team in Stockholm.

Mr Odefalk joins from Nordea where he spent three years in FX sales. Before that he spent six years at SEB as an FX trader.

Mr Svensson was most recently at Nordea where he spent four years in FX sales and as an FX strategist.

Zar Amrolia, global head of foreign exchange at Deutsche Bank, said: “As the world’s leading FX bank, we aim to provide our clients with the most comprehensive and sophisticated local coverage and we are pleased that Mr Rolke and the team will be joining us to do this. He and his team will offer clients a direct and personalised service that takes advantage of synergies across client segments.”