Deutsche Bank's global head of compliance, Andrew Procter, will leave to work for law firm Herbert Smith Freehills after German regulator Bafin put pressure on the bank to make changes in senior personnel. Procter, global head of compliance, government and regulatory affairs at Deutsche Bank, was one of several names singled out by Bafin in a report leaked in January, which called into question the bank's attempts at a "cultural transformation". In the report, the regulator said that Deutsche Bank had failed to draw the necessary consequences with senior personnel following an interest rate manipulation scandal. Deutsche Bank said in an internal email that Procter was returning to practice law at his own wish, according to the Wall Street Journal. A bank spokesman confirmed the email. Daniela Weber-Rey, named as deputy head of global compliance by the bank in April, will lead a team managing Procter's activities until a permanent replacement is named, a bank spokesman said. Deutsche
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