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Guilty plea paves way for ex-Dresdner banker's sentencing

Financial Services Authority enforcement head says 'the penny is beginning to drop'

Former Dresdner Kleinwort banker Christian Littlewood and his wife Angie are likely to be sentenced in the next month for insider dealing, after a third defendant today pleaded guilty in a move that paved the way for the Littlewoods’ guilty pleas to be made public and the case to proceed to sentencing.

Littlewood, 37, had been a director in strategic advisory within Dresdner Kleinwort's global banking team before leaving in March 2008, before latterly working at Shore Capital. He and his wife Angie, 39 years old, were charged in March last year with 13 counts of insider dealing and another count of conspiracy to commit insider dealing relating to trading in shares between 2000 and 2009.

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