Dresdner Kleinwort Wasserstein has raided Citigroup's Italian team for Federico Buccellati and Fabio Pigorini, to lead attempts for business growth in Italy. The hires follow recent recruitment in Spain and France as part of a pan-continental European growth strategy.

Buccellati will head Dresdner Kleinwort Wasserstein's Italian corporate finance and origination team. His brief is to win advisory and underwriting business from Italian corporates and international companies working in Italy. He will divide his time between Milan and London.