Prior to her time at CS she worked as Energy & Chemical Specialist Sales at Barclays. Sources say that Eggenschwyler resigned on Friday. During this tenure, he was a founding board member of the Plato Partnership, an industry consortium of buy-side and sell-side firms, and served on the Equities Board of the Association for Financial Markets in Europe (AFME). The man tasked with keeping Credit Suisse traders content Securitized products remains a key area within Credit Suisses markets business, even as the bank has scaled back in other parts of trading. MiFIDII, PRIIPs, as well as broader European and UK government affairs. Kent was once a trader himself: he ran Americas credit derivative trading for Credit Suisse for eight years until 2019, having formerly been an arbitrage trader at Barclays, but he's spent the past few years in operational and strategic positions and is new to the role of global head of credit, having only been promoted in September. Web2 Min Read. He is a very experienced equities market structure practitioner and innovator having held a similar role at Chi-X Europe for 6 years and senior equity trading roles at UBS and Credit Lyonnais. Prior to joining the Public Policy Europe and UK team, Elisa ran the regulatory change advisory function within Compliance at Credit Suisse, and before that she held similar positions at other investment banks. Credit Suisse has named asset management boss Ulrich Koerner as its new CEO, who is tasked with scaling back investment banking and cutting more than $1 billion Anthony Abenante, the global head of execution services, is set to replace Galietto as the interim head of equities sales and trading while the firm searches for Galietto's permanent replacement, a person familiar with the matter said. Sir John entered the British Parliament in 1979, and Government in 1983. Our Standards: The Thomson Reuters Trust Principles. Credit Suisse crisis shows lessons to learn, Swiss watchdog says Heholds a Bachelor of Science degree in Industrial Management from Carnegie-Mellon University. Originally trained in computer and natural sciences, he was previously a programmer (or hacker as they were known then), writing and selling games in the early personal computer industry. Dr. Tse joined Credit Suisse in 2007 and holds a DPhil in Financial Mathematics from the University of Oxford. Now Credit Suisse's head of US loan trading quit by Sarah Butcher 26 April 2023 1 minute read As many Credit Suisse people linger in the hope of catching the eye of UBS, some are taking the initiative and leaving of their own accords. Until 2016 Martin worked for the British Government, primarily in the National Security Sector. 86% of retail CFD accounts lose money. They both report to McCarthy. By YURI KAGEYAMA April 18, 2023. It develops and implements the strategic business plan for the overall Group and for the principal businesses. Find thousands of jobs in financial services and technology by signing up to eFinancialCareers today. This has not been confirmed by BH. You are about to change the origin location from where you are visiting Credit-suisse.com. Recruiting for and transitioning to new jobs can also take months, so the dates that moves were reported or announced do not necessarily indicate when a decision to leave was made. Positioned at the heart of global financial markets, LSEG works across the investment and finance chain from issuers to asset owners, and across the financial, banking, trading and advisory ecosystem. Kent will also need to charm some of Credit Suisse's most valued European credit traders. Copyright 1997 - 2023 CREDIT SUISSE GROUP AG and/or its affiliates. TOKYO (AP) Asian shares were trading mixed Wednesday, as investors took a wait-and-see attitude ahead of earnings reports and possible moves by central banks. 0.80. Jonathan He led the firms agency equities execution services in the EMEA region, including its high touch, portfolio trading and electronic trading offerings. All rights reserved. The Swiss bank said it will exit the prime brokerage business following the implosion of Archegos. After nearly a decade in the global industrials group, director, Global head of basic materials and distribution, Several Credit Suisse bankers are heading to, A group of Credit Suisse bankers defected to, Former managing director and biotech equity analyst. Dan joined Credit Suisse in 2003 from Morgan Stanley, where he began his career, and has nearly 20 years experience in Portfolio Trading and Delta One products. 30-year-old star credit traderHamza Lemssouguerleft Credit Suisse in 2020 and now running his own hedge fund,Arini Capital. WebDan Monckton is a Managing Director of Credit Suisse in Global Markets based in London and is head of Portfolio Trading and AES in EMEA. McCarthy reports to David Miller, co-head of Credit Suisses credit products business, the sources said. Find thousands of job opportunities by signing up to eFinancialCareers today. Following the collapse of the three American institutions, Credit Suisses share price plunged on 15 March causing the Swiss central bank to step in with a $54-billion Guy Dunning is the Head of EMEA Equity Sales Trading of Credit Suisses Global Markets division. In 2018 he became the youngest Chief of the General Staff and head of the British Army in over a century. in Economics with concentrations in Finance and Accounting from the University of Pennsylvania's Wharton School of Business. And if Kent isn't sufficiently persuasive? Amit Arora Head of Asia Pacific Electronic **Director - Financial Services at Tier 1 Bank Competitive Package (Director level)**, "Singapore expats have reason to stop and think after the past week", Lazard's hard message for junior bankers as it cuts jobs, The second-tier universities that banks love, The 20 year-old financial services interns earning $20k a month. In this role, he specializes in excess return strategies. Sign up for notifications from Insider! He was Commanding Officer of 22 SAS Regiment after 9/11 and commanded all Special Forces operations in Iraq, Yemen and Afghanistan. WebChristopher Johnson Credit Suisse, Head of Program Trading Sales Rockville Centre, New York, United States 1K followers 500+ connections Join to view profile Credit Suisse Anthony started his career at Morgan Stanley in the technology group, helping to design andimplement many of the earliest electronic trading applications developed. See here for a complete list of exchanges and delays. Credit Suisse What was the split by gender of suitable candidates? Jui joined Credit Suisse in 2013 and is a qualified Chartered Accountant. , Ryan Critchfield Technology banking San Francisco, Ian Cruickshank Program analyst Singapore, Sinead Davis Global Head of Sales & Client Technology New York, Kwaw De Graft Johnson Structured finance New York, Christian Debus Investment banking Frankfurt, Peter Decareau Leveraged finance New York, Andrew Delia Technology banking New York, Sunny Ding Private banking Hong Kong, Gregg Edell New York, Robert Ellenbogen High yield New York, Gabriel Erasmus Macro and fundamental Credit and Volatility Trader London, Sacha Eugster Private banking Singapore, Mikhail Faybusovich Leveraged finance New York, Clement Florentin Asia ex-Jp Head of Investment Solutions Structuring & co-Global Head of QIS Distribution Structuring at Credit Suisse Hong Kong, Julia Frank Leveraged finance Germany, Sarah Gadd Head of Data and Artificial Intelligence Solution Zurich, Christopher Gage Toronto, Judy Gau Financing Hong Kong, Markus Gebhard IG corporates trading London, Thomas Gerber Projects Zurich, James Gifford Head of Sustainable & Impact Advisory and Thought Leadership Singapore, Aditya Goenka Structured lending Mumbai, Claudio Grazioli Technology Zurich, James Green Investment banking London, Marion Griesing Liquidity risk models Zurich, Emilio Grisolia Structured finance Milan, Bill Gulya Head of Asia-Pacific Equity Distribution in the US, New Jersey, Julien Gurcel Special Situation Sales and Sourcing London, Kalsang Gyalzur Portfolio management Zurich, Kerim Haddad Equity Derivatives, Exotics & Hybrids Structuring London, David Harboun Structured Products and Solutions Sales Paris, Patrick Hart Securitized products New York, Fabienne Helfenstein Compliance investigations Zurich, Christian Hiller Structured Lending and Islamic Finance Zurich, Im Gek Ho Compliance Singapore, Calvin Hung Private banking Hong Kong, Christine Hwang M&A New York, Bogdan Ianev Equity Derivatives Structuring New York, Dimitri Ikonomou CAO Zurich, Mariko Ishikawa New York, Ikumichi Ito Investment banking Tokyo, Ashish Jain Technology Singapore, Gintautas Jankauskas Financial sponsors London, Betty Jiang ESG Research New York, Akinori Kanemoto Tokyo, Michel Keiser Private banking Singapore, Farah Kemal Model risk New York, Charles Kennedy Investment consulting Zurich, Kanupriya Khare Investment consulting London, Tanya King Corporate communications Zurich, Josh Klein New York, Kevin Klose Non-Agency RMBS Trading New York, Patrick Kolb Portfolio management Zurich, Jacqueline Koo Portfolio management Hong Kong, Denis Krivonogov Moscow, SoonWook Kwon Seoul, Amy Lai Private banking Singapore, Valerie Lau Consultant Singapore, Katie Lavino Debt syndicate New York, Patrick Lehner Product management Zurich, Inigo Leivar Banking Retail & Consumer Group New York, Romain Leroy-Castillo Wealth management Zurich, Keith Leung Corporate finance Hong Kong, Monza Li APAC flow lending Hong Kong, Colvin Luk China DCM Hong Kong, Alexandre Manakyan eMacro tradng Singapore, Philippe Mangold Risk Switzerland, Carla Mantilla KYC and client lifecycle London, Greg Maragni COO leveraged finance New York, Augusto Martins Real estate Brazil, Steve Martorana Financial Sponsor FX and Rates Risk Management New York, Christopher May Client support services London, Ewan McLachlan Head of data quality and control London, Evelyn Meier Private banking Switzerland, Benedikt Meister Risk management, Maura Miraglia Securitized products New York, Laurent Misonne Benelux and France distribution Luxembourg, Caroline Mhrle Gloor Head Chairman's Office & Corporate Secretary Switzerland, Karl Montfort Industrials banker London, Elizabeth Muchemi Africa coverage London, Abduaziz Muminov Zurich, Nicolas Munaretto Swiss coverage banking Zurich, Carole Nachbauer Private banking Switzerland, Lilit Nazaryan Portmann Private banking Geneva, Andreas Nessi Private banking Singapore, Thomas Neuenschwander COO Switzerland, Demetrius Nonas Loan trading New York, Joshua Nydes Derivative sales New York, Mayur Palan Investment banking Toronto, Dimitrios Palladas Zurich, Victoria Pham Counsel Hong Kong, Jasmine Pong Equity sales Singapore, Brandon Porter Bond trading New York, Andrea Pravini Switzerland, Darshana Ramji Investment banking London, Stphane Ray Business development Singapore, Joao Roriz Brazil, Amr Saad Private banking Geneva, Renato Saredi Private banking Singapore, Adrian Schpbach Private banking Switzerland, Vaibhav Sehgal Cash equities Hong Kong, Sukumar Sekhar FX / OTC Operations, Cash Management and Sanctions India, Charu Sharma Corporate insights New York, Jailendra Singh Equity research New York, Christopher Siska Industrials banker New York, Suren Siva Fintech banker London, Sameer Sood Technology, Media and Real Estate Investment Banking Mumbai, Francesca Speroni Private banking London, Carsten Staas Analytics Zurich, Kyle Stage Investment banking New York, Heinz Steinegger Central control unit Switzerland, Jack Stewart CFO Capital markets New York, Brian Sullivan Leveraged loans strategy London, Sandri Supardi Investment banking Seoul, Martin Svrcek Investment consulting Zurich, Xenia Tao Communications Zurich, Macon Thompson Industrials banker New York, Claire Tsui Strategy Hong Kong, Stephan Uebersax Private banking Switzerland, Mithil Vengurlekar Leveraged finance London, Silvan Villiger GTS Cross-Asset Investor Products Platform Zurich, Sprague Von Stroh Private funds San Francisco, Michael Vonmoos Structured Flow & Institutional Derivatives Sales Zurich, Frederic Waldteufel APAC quant team Hong Kong, Jerome Wallace Private funds New York, Irene Wat Private banking Hong Kong, Alex Wong APAC industrials banker Hong Kong, Mandy Xu Derivatives strategy New York, Dmitry Zaslavsky Order and Quote Management New York, Jacqui Zhang Structured solutions Hong Kong, Stacey Zyzyck Litigation and investigations New York. Credit Suisse CREDIT Suisse Groups head of financial institutions group (FIG) in South-east Asia is joining Deutsche Bank, according to people familiar with the matter. Later at the IMF he was involved in framing the Fund's official position on shadow banking and consulted G-20 working groups. Credit Suisse Cerberus Capital Management LP, the $60 billion US private-equity firm, has hired Credit Suisse Group AGs former head of trading in securitized products. Yves-Alain Sommerhalder, who has worked as a cohead of global trading solutions with Galietto, is expected to now serve as the sole head of GTS. Credit Suisse Finma shocked debt markets when it ordered that SFr16bn ($17.9bn) of subordinated Credit Suisse bonds be completely wiped out as a condition of UBSs Jonathan Tse is a Managing Director of Credit Suisse in the Global Markets division, based in London. His departure at this point inthe bonus cycle suggests that Credit Suisse's bonuses - which are expected to be low following losses relating to Archegos and Greensill - may notbe worth sticking around for. Eggenschwyler spent nearly 15 years at Credit Suisse after joining the bank from Barclays in 2007. Caroline Kostka is a Director of Credit Suisse in the Public Policy Europe & UK department, who covers EU sustainable finance policy as well as certain securities and asset management regulatory issues that are of direct relevance for the bank and its clients. All will need reassurance if they don't get the role. In combination with the recent issues around the supply chain finance funds, I recognize that these cases have caused significant concern amongst all our stakeholders," Gottstein said in a statement on Tuesday. Last week, during its As part of the changes, senior non-agency trader Christian Wall and asset-backed security trading desk head Marshall Insley are also leaving Credit Suisse, according to a source familiar with the moves. Prior to this role, he was CEO of Aquis Exchange Europe and prior to that led the Sales and Business Development team at Aquis Exchange PLC in London. It's thought that Eggenschwyler was one of the biggest beneficiaries of Hamza's exit from the high yield trading team. ), 2023 eFinancialCareers - All rights reserved. Fabios team is responsible for the UK policy on Exchanges, MTFs and OTFs and for the investment firms conduct obligations such as trade reporting, best execution and conflicts of interest. 28, 2023, 03:46 AM. The memo was signed by Jay Kim, global head of securitized products. Australias S&P/ASX 200 edged up 0.1% to 7,370.70. ), 2023 eFinancialCareers - All rights reserved. Credit Suisse 86% of retail CFD accounts lose money. Make yourself visible to recruiters hiring for top jobs in technology and finance. Credit Suisse Group AG s head of financial institutions group in Southeast Asia is joining Deutsche Bank AG, according to people familiar with the matter. He's understood to be joining a hedge fund. Relationship managers at the time numbered 210, less than a third of the 680 at Credit Suisse. Credit Suisse 0.80. Brent holds an M.B.A. from Vanderbilt University's Owen Graduate School of Management, as well as B.S. Credit Suisse IB CEO, Chief Risk Officer, Equities Trading Head Related Stocks. Find thousands of job opportunities by signing up to eFinancialCareers today. She is the Head of the Equities Execution Services Product Management, responsible for product, market structure and regulation driven changes. Credit Suisse has hired a new head of program trading sales. In 2008, he Co-Founded Adventure Base, a worldwide adventure company, with Andy Egglelston. He joined Credit Suisse in February 1998 from BZW Asia, where he was Head of Asian Economics in the equity division. Arnd Wiegmann/Reuters; Skye Gould/Insider, NOW WATCH: We asked Jamie Dimon why JPMorgan is forming a new healthcare company with Amazon and Berkshire Hathaway here's what he said, See more stories on Insider's business page, Wall Street Journal reported Ahmed's move on May 17. He consulted G-7 policymakers, central banks and finance ministries on global macro-financial developments. Eventually it will unless its offensive or libelous (in which case it wont. Ray Farris is a Managing Director, the Chief Economist for APAC, and the Head of the APAC Economics team in the Investment Solutions and Products department of the International Wealth Management division. His exit comes just months before bonuses are paid for 2021, and follows the announcement of a new strategy at Credit Suisse which will see capital allocated to the investment bank fall from$13bnin Q3 2021 to $11bn in 2022. Retail investors flock to join Credit Suisse bondholder lawsuit Download our full salary and bonus survey here. IPv6 available. Ray holds a degree in Economics with highest honours from the University of North Carolina, Chapel Hill, and a Master's degree in Finance with distinction from London Business School. Credit Suisse EMEA head of credit trading quits for Mr. Ikuss received a B.A. Dr Luchoo joined Credit Suisse in January 2015 as a quantitative associate for AES, having been a member of the AES team through a 2014 Long Term Internship programme at Credit Suisse Europe. Discepoli revolutionized the CS credit trading business, making it one of the most successful on the Street. Credit Suisse has appointed 208 new managing directors, a massive 58 more MDs than it promoted in 2020. Credit Suisse Credit Suisse Group AG s head of financial institutions group in Southeast Asia is joining Deutsche Bank AG, according to people familiar with the matter. Strategy Plan for Global Credit Products EMEA business,' under which the credit business within CS First Boston has all the core management based in U.S. Cuts have already been made to the European team. Credit Suisse Before joining Instinet, Anthony was head of US Equities and Global Program Sales & Trading atNomura Securities. He also currently acts as Senior Portfolio Manager and Trader for the Commodities Team. In October 2011, Sir John was appointed Chairman of The Queen Elizabeth Diamond Jubilee Trust, a Commonwealth-wide initiative that was established to create a lasting legacy of Her Majestys 60 years as Sovereign. Eggenschwyler is one in a series of senior credit traders to quit Credit Suisse. Australias S&P/ASX 200 edged up 0.1% to 7,370.70. Nick Kenton Cool is world-leading high-altitude climber, IFMGA World Mountain Guide, ice climber and adventurer. Credit Suisse Southeast Asia FIG Head Said to Join Deutsche Bank Most recently, a string of departures has hit the firm's healthcare investment banking team. CEO Swiss Bank and CEO Region Switzerland. Sir John Major served as Prime Minister of the United Kingdom from 1990 to 1997 and is a Senior Advisor to Credit Suisse. Chief Compliance Officer. He is Co-Chair of the FIX Trading Community Equity Business Practice Working Group. The moves follow Credit Suisses sale of distressed assets to TSSP, the global credit and special situations group of TPG, according to a May 3 news release. **Director - Financial Services at Tier 1 Bank Competitive Package (Director level)**, "Singapore expats have reason to stop and think after the past week", Lazard's hard message for junior bankers as it cuts jobs, The second-tier universities that banks love, The 20 year-old financial services interns earning $20k a month. The Executive Board is responsible for our day-to-day operational management. A Credit Suisse spokesperson confirmed the new roles. While most othersales and tradingdesks will remain within Credit Suisse under the restructuring,credit is deemed critical to the leveraged finance business, which is also moving to CS First Boston. The firm this year also faces losses tied to supply chain financing companyGreensill Capital, which filed for bankruptcy in March. He has vast climbing experience and has been the first ascendent of peaks all across the world. Thomas Grotzer is expected to take on the role of interim global head of compliance. Kenton Cool was made an honourary Doctor of Laws by the University of Leeds in July 2018. Dan joined Credit Suisse in 2003 from Morgan Stanley, where he began his career, and has nearly 20 years experience in Portfolio Trading and Delta One products. Martin Mende to become new Head of Strategy - Credit Suisse Anthony currently sits on the Board of Trustees of Big Brothers Big Sisters of New York City. He joined the Cabinet as Chief Secretary to the Treasury in 1987; and was appointed Secretary of State for Foreign and Commonwealth Affairs in July 1989, and Chancellor of the Exchequer in October 1989. Prior to joining Vanguard, he held responsibility for multi asset trading at Edmond de Rothschild. He passed the SAS Selection Course in 1990 and served around the world with the SAS for most of the following 15 years in the Gulf, South America, Africa and the Balkans. Are we missing anyone? Investment Banking Chief Brian Chin and Chief Risk and Compliance Officer Lara Warner are exiting. Click here to create a profile on eFinancialCareers. He is Head of Advanced Execution Services (AES) Product in EMEA and responsible for product and analysis for AES in Europe. Credit trading finally exits the Dark Ages | Financial Times "The significant loss in our Prime Services business relating to the failure of a US-based hedge fund is unacceptable. Whilst he continues to be in pain and sometimes struggles walking, his determination and appetite for adventure spur him on. She is responsible for the Index Analytics franchise in EMEA, providing analysis and commentary in the index rebalance event space. Chris "Whopper" Johnson is joining from Wells Fargo, where he spent the past decade. Mr. Ikuss acts as Portfolio Manager and Trader for the Commodities Team. Credit Suisse has struggled to keep senior traders and bankers from leaving as it stumbles through a series of scandals AI-powered legal analytics, workflow tools and premium legal & business news. Credit Suisse Credit Suisse Credit Suisse's managing director list: What you need to know Robert Miller is an Execution Consultant at Vanguard Asset Management Ltd in London. Not since Pierre Gay, head of the global markets division and deputy CEO of the corporate and investment bank was despatched to London to dole out pizza, has a visit been of greater importance for morale. Credit Suisse executive Bob Jain, who ran the banks quantitative trading desk, introduced Mathisson to colleagues as Mr. Algo, a reference to his status as an innovator in a field that was just starting to sweep through Wall Street: Using computer algorithms to automate big transactions. Find thousands of jobs in financial services and technology by signing up to eFinancialCareers today. Contact:sbutcher@efinancialcareers.comin the first instance. That has left banks scrambling to unwind their side of the trades, with Credit Suisse and Nomura bearing the brunt of the losses while other firms, including Goldman Sachs, have escaped largely unscathed. Citi memo names Credit Suisses Lucy Baldwin to new senior equities He is the man who was expected to run CS First Boston with Michael Klein (although there were equally possibly spurious suggestions that Miller had been kept out of that loop.) Nita Patel. Contact:sbutcher@efinancialcareers.comin the first instance. Anthony L. Abenante is a Managing Director of Credit Suisse in the GlobalMarkets division, based in New York. Mark Carleton-Smith is the Head of the British Army, the longest serving Chief of the General Staff since the Second World War and the most senior Special Forces officer in Defence. Credit Suisse You are about to change your browser's location settings for credit-suisse.com. Prior to joining Credit Suisse in 2005, Mr. Burton served as an Analyst and Derivatives Strategist with Putnam Investments, where he developed the team's analytical tools and managed their options-based yield enhancement strategies, as well as exposure management strategies. Credit Suisse NOW WATCH: Jim Chanos is worried about the economy, but not because of inflation. Miller's men include the likes of Jason Safriet, Credit Suisse's US head of credit sales, who joined DLJ before it was acquired by Credit Suisse in 1999. This story was last updated on November 10 to add information about recent departures at Credit Suisse. Prior to that, he was a region manager for The Goodyear Tire & Rubber Co. in Nashville. There's a big shake-up underway at Credit Suisse, which said on Tuesday it expects a $4.7 billion hit from the blowup of Archegos Capital Management. Before joining the FCA, Fabio worked for Borsa Italiana.