Conor Killeen, the co-head of global equities at Dresdner Kleinwort Wasserstein, is leaving the firm and returning to live and work in Dublin. His surprise departure will lead to Martin Korbmacher, his current co-head of equities at the bank, assuming sole responsibility for the business.

Killeen, who joined Dresdner KW in 1998 from UBS as head of equity capital markets, has decided to return to Dublin for personal reasons. His family lives in Ireland and he has been juggling the commute between Dublin, London and Frankfurt for nearly a year.