Dresdner Kleinwort names new head of equity and credit derivatives

He moves from the hedge fund WMG Limited, where he is a partner. He was formerly head of derivatives at Commerzbank in London. At Dresdner he will report to Jens-Peter Neumann, head of capital markets.

Richardson will replace Matteo Mazzocchi, who has left the bank. A Dresdner spokesman said Mazzocchi had "decided to pursue an opportunity outside investment banking".

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