Dresdner Kleinwort Wasserstein Global Equity Strategies

Fidelity International has hired Stephen Fulford, former European head of equity derivative flow sales at Dresdner Kleinwort Wasserstein, in a new role as head of derivatives for European funds. Jan 13, 2006 - Dresdner Kleinwort Wasserstein published a Global Equity Strategy paper proposing the following microeconomic policies that may make the.

1. Dresdner Kleinwort Benson

Coordinates: 51°30′41″N0°5′0″W / 51.51139°N 0.08333°W

LA Career Coaching provides college students and graduates the competitive advantage in obtaining their ideal job. And then worked as an Equity Research Analyst and Vice President at some of the most well-known global investment management firms in the country. Dresdner Kleinwort Wasserstein – Inv. Banking Associate / Analyst; TM.

Kleinwort Hambros is a private bank owned by Société Générale that offers financial services from offices throughout the United Kingdom and Channel Islands. The bank has its headquarters at Tower Hill in London. Kleinwort Hambros focuses on private banking, providing a range of services for high net worth individuals and corporate clients, managing liquid and illiquid assets including a provision of corporate advice and private office capabilities.

History[edit]

In June 2016, Société Générale acquired Kleinwort Benson from Oddo et Cie.^[1] It merged Kleinwort Benson with its existing private banking subsidiary SG Hambros in November 2016 to form Kleinwort Hambros.^[2]

References[edit]

1. ^Yarker, Jonathan (7 June 2016). 'Soc Gen completes Kleinwort Benson buy'. City Wire. Retrieved 26 March 2017.
2. ^Thurston, Joshua (17 November 2016). 'Kleinwort loses historic Benson name after mega-merger'. City Wire. Retrieved 26 March 2017.

German insurance group Allianz has pursued a discriminatory hiring and firing policy at Dresdner Kleinwort, one of London's oldest investment banking businesses, designed to people senior management ranks with Germans and German speakers, according to papers filed with an employment tribunal today.

Former head of the investment bank's fixed income division Malcolm Perry, an Australian, claims he would not have been pushed out of his job last year if he had been German or a German speaker. He is seeking almost £10m.

His dismissal - which Dresdner Kleinwort admits was unfair but disputes was discriminatory - came against the backdrop of a merger between the investment bank and Allianz's Frankfurt-based corporate banking arm Dresdner Bank. How to check ink levels on windows 10 windows 10. The merger was designed, in part, to refocus the business towards Dresdner Bank's existing corporate clients, most of which were German.

Mr Perry claimed he was told by a colleague: 'Malcolm, they want to turn it back into a German bank'. The former fixed income boss pointed to a string of other senior departures, including that of his direct boss Steve Bellotti, head of capital markets, and Dresdner Kleinwort chief executive Andrew Pisker. Mr Pisker, who is British, had been tipped at one stage as a suitable candidate to lead the merger.

Bruce Carr, counsel for Mr Perry, told the employment tribunal: 'Mr [Stefan] Jenztsch was appointed to the position of CEO because he was German and it was determined by Allianz that a German would need to be recruited in order to oversee the integration of Dresdner Kleinwort with the corporate bank.'

In his witness statement, Mr Perry claimed that prior to the formal appointment of Mr Jenztsch an Allianz senior director Paul Achleitner had privately said of the new boss 'Stefan is not a superstar, but he is the best we could get in Germany'.

Mr Carr said these remarks had been put to Dresdner Kleinwort and its lawyers, who had not challenged them.

Mr Perry said that before his dismissal he had taken his concerns about how his 'lack of Germanness' appeared to be working against him to Jens-Peter Neumann, Mr Bellotti's successor. Mr Neumann, he said, suggested taking the matter up with Mr Jenztsch, but warned against raising the 'Germanness' question as this would be very poorly received.

Emails disclosed by the bank as part of the tribunal case show a colleague had suggested Mr Perry, who was losing his role in the merger restructuring, should be considered to head up the derivatives division. Mr Neumann's response was 'Nfw', which, it was claimed, stood for 'no fucking way'.

Dresdner Kleinwort Benson

Tonight Dresdner Kleinwort issued a statement saying: 'We totally reject Mr Perry's allegations of discrimination. We are a committed equal opportunity employer and will defend ourselves vigorously.' A spokesperson said, of Dresdner Kleinwort's 16-strong executive committee, there are nine German speakers and nine different nationalities.

Dresdner Kleinwort, which was known until recently as Dresdner Kleinwort Wasserstein, was formed after Dresdner acquired US firm Wasserstein Perella from Bruce Wasserstein, merging it with London investment house Kleinwort Benson, the London investment house it had acquired in 1995.