Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

Credit Suisse appoints investment banking management committee -memo

Published 06/29/2023, 03:02 PM
Updated 06/29/2023, 03:08 PM
© Reuters. FILE PHOTO: A view of the Credit Suisse office in Singapore, March 16, 2023. REUTERS/Caroline Chia/File Photo

By Tatiana Bautzer

NEW YORK (Reuters) - Credit Suisse Group AG on Thursday appointed an investment banking management committee to oversee its integration with UBS Group AG (SIX:UBSG), according to a memo seen by Reuters.

UBS completed its emergency takeover of embattled rival Credit Suisse in June, forging a Swiss banking and wealth management giant with a $1.6 trillion balance sheet and overseeing more than $5 trillion in assets.

Michael Ebert, head of Credit Suisse for the investment bank, will lead markets within the committee.

Capital markets members will be Marc Warm for the Americas, Michael Furber for EMEA and Kuan-Ern Tan for APAC. For markets in Asia, the member will be Min Park. Onu Odim will oversee investment banking risk management and the chief operating officers for markets and capital markets will be Olivier Charhon and Amy Clack, respectively.

A CS spokesperson confirmed the contents of the memo.

The committee will be supported by other executives such as investment banking CFO Tony Bullman and Chief Risk Officer David Krauss.

 

 

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.