Dresdner Kleinwort Wasserstein, the investment banking arm of Dresdner Bank and a member of the Allianz Group, has promoted Roselly Ramseyer-Torres to deputy head of global equities.

Ramseyer-Torres remains responsible for the bank's equity derivatives business on a global basis. Equity finance, a fundamental link for the rapidly growing hedge fund market, is housed under the equity derivatives umbrella, which was started in 1999.