Seven leave Dresdner in FX flight

Departures include co-heads of FX options, David Cooney and Tim Cartledge in London, who have been on gardening leave since early March. They are both expected to join Barclays Capital in London, although the UK bank declined to comment on the potential hires last week.

Institutional sales dealer Lindsay Glynn also left in early March, to join Merrill Lynch in London.

Glynn had only worked at Dresdner, where she reported to Thomas Mummert, managing director of sales in London, for six months,