DrKW reorganises credit derivatives business

Dresdner Kleinwort Wasserstein (DrKW), the investment banking arm of Germany's Dresdner Bank, restructured its London credit derivatives business today.

Rick Weinstein, who was hired as head of credit derivatives in London earlier this year, will manage the structured credit products and collateralised debt obligation (CDO) groups, in the newly created position of global head of credit derivatives structuring.Meanwhile, Javier Martin-Artajo was made global head of credit derivatives trading and will have responsibility for all vanilla flow products, exotics and emerging markets trading.

Both Weinstein and Martin-Artajo will report to Matteo Mazzocchi, London-based global head of credit derivatives and securitisation.

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