CFP's 20-Strong Technology Department Resigns To Join Dresdner Bank In London
BANKS
The entire technology department of Commerz Financial Products (CFP), the derivatives subsidiary of Frankfurt-based Commerzbank, resigned from their posts two weeks ago, say sources. Chris Buchanan, CFP's technology chief, confirms that all 20 of the company's permanent technology staff are moving to Dresdner Bank, together with a number of contractors.
Buchanan will become global head of investment banking technology at Dresdner's Frankfurt headquarters. The CFP technology team will start work
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