Dresdner Kleinwort Wasserstein has hired Loren Remetta, associate, credit derivatives trading for its New York desk, from WestLB. Paul Lewitt, head of credit derivatives trading in London, to whom Remetta reports, said Remetta was hired into the newly created position in response to the growth in Dresdner's business and the importance of New York within the business. Remetta will work alongside Pawel Mosakowski, v.p. credit derivatives trading, to execute proprietary strategies and provide greater North American pricing expertise to the firm, he added. Remetta declined comment. Mosakowski did not return calls.
Katrin Rueffer, spokeswoman at WestLB in New York, did not return calls regarding Remetta's replacement.
