Wachovia picks DrKW ABS chief Bajpai for Europe banking push

03 Mar 2006

Wachovia Securities has hired a new chief executive for its European corporate and investment bank — Atul Bajpai, global head of debt principal finance and securitisation at Dresdner Kleinwort Wasserstein.

The hire marks the start of a determined push by Wachovia Corp, the fourth largest US bank, into European capital markets, particularly fixed income. Bajpai will also be head of fixed income for Europe at Wachovia.

It is highly unusual for a banker to move directly from heading ...

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