Bloomberg News
LONDON - Dresdner Kleinwort Benson, the investment bank of Dresdner Bank AG, lost 11 fixed-income executives as bonuses were paid in the last few weeks, continuing an exodus that has seen more than 200 quit since April.
Peter Brooks, head of Eurobond trading, and Max Graziosi, head of Italian fixed-income sales, are among those who have left since Dresdner finished paying out more than $410 million of bonuses, which were promised by Dresdner after it began ill-fated merger talks with rival Deutsche Bank AG in February.