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Deutsche Loses Private Client Head

Contributing Editor

3 April 2006

Fred Crozier, head of Deutsche Bank Alex. Brown, is stepping down after four years in the job. An internal memo said Mr Crozier is leaving to “pursue external opportunities”, but gave no further details. He will be replaced by John Dudzik, former head of branch management at Deutsche Bank Alex. Brown. Mr Dudzik will report to Tom Bowers, head of the wealth-management unit in the US.