Trading places -September 2006

REVIEW OF THE YEAR

Dresdner staff poached by Merrill Lynch

Merrill Lynch raided Dresdner Kleinwort to take the bank's most senior foreign exchange personnel. Harry Culham was hired as global head of FX, to be based in London. At Dresdner he was also global head of FX, and had responsibility for rates flow and credit flow products. Christian Exshaw, European head of forex sales and head of e-FX at Dresdner in London, and Tim Carrington, who runs options, have also signed up for the bank.

Deutsche restructures forex

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