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Double departure hits Credit Suisse electronic trading team

The electronic trading division of the Swiss bank has been hit by departures following a management reshuffle in Europe

Credit Suisse's highly-regarded electronic trading division has been hit by departures in both Europe and the US, just months after it restructured the management of the European unit.

Nick Druett, based in London and responsible for the division's sales to hedge funds, resigned from the bank last week, according to sources familiar with the situation. The division is known as advanced execution services, or AES.

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