INVESTMENT BANKING | Staff Reporter, Hong Kong

Credit Suisse said to hire Deutsche Bank executives

According to Bloomberg, Credit Suisse Group AG has hired two senior equities executives in Asia from Deutsche Bank AG, a person familiar with the matter said, amid a restructuring of the Swiss bank’s global markets business and a recent leadership change in the region.

"Neil Hosie will join Credit Suisse as head of equities for the Asia-Pacific region, and Patrick Kelly has been hired as Asia-Pacific head of equity client trading and execution, the person said, asking not to be identified because the matter hasn’t been publicly disclosed. Both men resigned from the German bank last week, according to people familiar with the matter," reported Bloomberg.

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