DrKW adds to credit derivatives team in Tokyo

Dresdner Kleinwort Wasserstein (DrKW) has hired TJ Cheng as a vice-president in its credit derivatives and securitisation team in Tokyo.

Reporting to Mark Mallia, head of credit products, Asia-Pacific, Cheng will be responsible for trading Japanese credit derivatives products.

He joins the bank from WestLB, where he was responsible for trading and structuring credit derivatives and other structured credit products.

Cheng has also worked at Jardine Fleming Securities, JP Morgan and Okasan Securities.

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