Michael Golden:

"Deutsche Bank is looking forward to working with Boaz Weinstein in his new venture."

Michael Golden, Deutsche Bank company spokesman in London about Boaz Weinstein, who will leave Deutsche Bank in Q2, take 15 employees with him to set up his own hedge fund.Weinstein has lost more than 1bn $ on complex trades in 2008 for Deutsche Bank. - Separately, 900 people at DB are being laid off, including employees in structured products and proprietarty trading.