DrKW rolls out credit derivatives hire

Dresdner Kleinwort Wasserstein (DrKW), the investment banking arm of Dresdner Bank AG, has announced another senior appointment in its Asia credit derivatives business, luring Maurizio Raffone to the firm from Bear Stearns. Raffone will be based in Tokyo and joins DrKW as a director and head of structured credit products. In his new role, he reports locally to Paul Morgan, head of sales & marketing for Asia-Pacific and on a functional basis to Rick Weinstein, head of credit de…