Dresdner Kleinwort Benson has hired three salespeople from CIBC Wood Gundy Securities to expand its reach to Swiss investors.

Simon Clarke, Jane Wilson, and Alex Smith will join the New York firm's London-based team and sell non-mark denominated Eurobonds to Swiss investors.

The salespeople will report to Hugh Carter, head of fixed-income sales.

"This represents a strategic initiative to further distribute credit- based securities across Europe," Mr. Carter said.

The hires bring the Swiss fixed-income sales team to seven professionals.

"This is a business in which we wish to further increase our penetration and that requires people focused on those types of relationships," Mr. Carter said.

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