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Credit Suisse s Brazil CEO Is Leaving Firm After 17 Years

(Bloomberg) Credit Suisse Group AG’s chief executive officer for Brazil, Jose Olympio Pereira, is leaving the firm, according to a person with knowledge of the matter.

Credit Suisse Loses Four Financial Institutions Bankers to Jefferies

Credit Suisse Loses Four Financial Institutions Bankers to Jefferies This content was published on May 27, 2021 - 17:15 May 27, 2021 - 17:15 (Bloomberg) Credit Suisse Group AG’s top financial services banker is leaving the firm for Jefferies Financial Group Inc. along with at least three colleagues, as departures accelerate at the scandal-plagued firm. Alejandro Przygoda, global head of financial institutions, is joining Jefferies along with Carlos Marque, Fitzgerald Woolcott and Henry Kong, according to people familiar with the matter, who asked to not be identified because the matter isn’t public. The departures follow a wave of exits from Credit Suisse in the wake of debacles involving Archegos Capital Management and supply-chain finance firm Greensill Capital. The financial-institutions group has seen at least four senior exits in recent weeks, with defections to Barclays Plc, Bank of America Corp. and Goldman Sachs Group Inc.

Credit Suisse s Brazil CEO Is Leaving Firm After 17 Years

Credit Suisse’s Brazil CEO Is Leaving Firm After 17 Years This content was published on May 26, 2021 - 16:44 May 26, 2021 - 16:44 (Bloomberg) Credit Suisse Group AG’s chief executive officer for Brazil, Jose Olympio Pereira, is leaving the firm, according to a person with knowledge of the matter. Olympio, who has been at Credit Suisse for more than 17 years, will stay at the bank through the end of the year to help with succession, the person said, asking not to be identified discussing information that isn’t public. Credit Suisse declined to comment. The bank is ranked seventh for equity underwriting in Brazil so far this year, according to data compiled by Bloomberg.

Credit Suisse Names New Europe Equities Head After Archegos

Credit Suisse Names New Europe Equities Head After Archegos This content was published on May 7, 2021 - 11:53 May 7, 2021 - 11:53 (Bloomberg) Credit Suisse Group AG named Neil Hosie head of equities for Europe, Middle East and Africa, replacing Ryan Nelson who stepped down after the bank lost $5.5 billion in the collapse of Archegos Capital Management. Hosie will remain as head of equities for Asia Pacific, according to people familiar with the decision who asked not to be identified since the matter is private. He will relocate to London in due course, the people said. The Swiss firm emerged as the biggest loser among global investment banks as Archegos blew up in March, forcing it to raise about $2 billion in fresh funds from investors to shore up its finances. The debacle wiped out a year of profit and left investors nursing heavy losses and questioning the bank’s controls after a string of hits and writedowns.

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