Research head exits Dresdner

Dresdner Kleinwort's head of European equity research has left the German bank, months after it hired a senior banker from JP Morgan to lead its research.

Jeremy Allen, who had worked at Dresdner for 18 years, left after it hired Peter Houghton, chief operating officer for global research at JP Morgan, as head of research with responsibility for debt and equity.

WSJ Logo
Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire