Commerzbank outlines Dresdner integration

Commerzbank’s investment-banking chief on Wednesday laid out his plans for the integration of Dresdner Kleinwort, including closing the UK M&A; business and abolishing trading with the bank’s own capital. Michael Reuther, head of Commerzbank Corporates and Markets, met 30 senior managers in London to outline how the combined company would provide services to companies doing business in Germany and serve German clients....