DrKW hires former Merrill boss

The bank has named three co-heads of capital markets to work under Bellotti: Tarek Mahmoud, who is also head of sales and marketing; Erich Pohl, responsible for rates, short-term products and treasury, and who is also chairman of DrKW in Germany and group treasurer of Dresdner Bank; and David Wenman, who is responsible for equities.

"These changes will enhance DrKW's competitive position and help drive forward our profitability," said Andrew Pisker, chief executive of DrKW in London.

Former co

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