DrKW rolls out credit derivatives hire

Maurizio Raffone appointed as head of Asian structured credit products.

Dresdner Kleinwort Wasserstein DrKW, the investment banking arm of Dresdner Bank AG, has announced another senior appointment in its Asia credit derivatives business, luring Maurizio Raffone to the firm from Bear Stearns.

Raffone will be based in Tokyo and joins DrKW as a director and head of structured credit products. In his new role, he reports locally to Paul Morgan, head of sales marketing for Asia-Pacific and on a functional basis to Rick Weinstein, head of credit derivative structuring in London.

At Bear Stearns London, Raffone was a member of the European CDO team and prior to this role, also held positions at...

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