Senior exit heralds DrKW trouble?

People news

The departure of Gerry Rawcliffe from his position as head of investment-grade credit research at Dresdner Kleinwort Wasserstein has been a surprise to many in the market.

Despite the suggestion by one credit analyst at a competing bank of a “personality clash”, it is generally understood that Rawcliffe left under amicable circumstances. His departure, though, does come shortly after the annual bonus round at the bank.

“Gerry has been at Dresdner for the last four years,” says a former colleague

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