Gardening leave for overworked bankers is perhaps one of the more agreeable spin-offs when one bank buys another. A recent beneficiary is Carol Barazzone, the former head of global equity syndicate at BZW, who quit in April four months after the sale to CSFB.
Barazzone is not due to take up her new position at Commerzbank until September and is more than happy to be spending the summer in the company of her three children, playing tennis every day, roller-blading in Hyde Park and driving her new convertible Porsche.
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