Dresdner hires six FX directors

Dresdner Kleinwort Wasserstein (DrKW), the investment banking arm of Dresdner Bank, has appointed six key directors to its foreign exchange businesses in London and Frankfurt.

Richard Fawcett is appointed senior forex options trader in London, having been a proprietary trader at Deutsche Bank and previously a currency options trader at NatWest Markets. He starts on March 29 and will report to Tim Carrington, global head of forex derivatives.

Meanwhile, Graham Wintersgill will drive DrKW’s hedge fund effort as senior hedge fund salesman. He was poached from Barclays Capital where he held a similar position, and will now report to Harry Culham, global head of forex, and Juergen Barthel, global head of forex sales. He starts on March 24.

Duncan Rule, who had been head of global forex forwards at Lehman Brothers, will be global head of forex rates for DrKW in London. He will work with Frank Berger, Frankfurt-based head of forex forwards, when he begins on April 11.

Meanwhile, Scott Cousins and Martin Drake are both appointed senior forex traders, where they report to Alex Finos, head of spot trading.

And Sven Raband-Dula joined DrKW in Frankfurt from Helaba on March 4, where he heads central bank sales. He now reports to Gerald Dannhaeuser, head of forex sales in Frankfurt.

“These hires will play an instrumental role in enhancing the growth of our forex franchise as we continue to strengthen our capital markets platform,” said Culham.