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Credit analysis hit by Dresdner cuts

Credit analysts are reportedly among the recent departures from Dresdner Kleinwort in London as the bank carries out its aim to cut 300 staff in a bid to cut costs.

Credit understands that two analysts, tobacco specialist Stephanie Foster and telecoms, media and technology expert John Pearce, have now left the bank.

Head of credit research, Arndt Muthreich, would not comment.

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