Heritage Capital, an Anglo-Swiss merchant bank co-founded by one of Dresdner Kleinwort's former top corporate financiers, has made four hires to its trading and sales team as part of an ongoing international expansion.

Heritage Capital, which was formed in 2007 by Joseph Dryer and Peter Horbye through a joint venture with family-owned Banque Heritage, has made four new appointments, led by Niels Nooy, managing director and head of emerging markets trading for Europe, Middle East, Africa and Latin America.