Dresdner gives DrKB virtual independence

Dresdner Bank will create a separate unit for its investment banking operation, Dresdner Kleinwort Benson, without giving it legal autonomy, following the failed takeover by German rival Deutsche Bank.

The move is an effort to invigorate the investment banking arm Dresdner Kleinwort Benson, and separate it from the bank's struggling retail operation.

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110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the BrinkExternal link

110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the Brink