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The departure of Credit Suisse Group AG from the business of servicing hedge funds unleashed a battle for market share among banks, with the three biggest players getting bigger, according to prime brokers and new industry data.
Risk.net Latest job changes across the industry Charlotte Grimwade Credit Suisse has named David Wildermuth chief risk officer (CRO) and a member of its executive board. He joins bank from Goldman Sachs, where he is currently deputy CRO, and will start no later than February 2022. Wildermuth will be based in Zurich and report to group chief executive Thomas Gottstein. Current interim CRO Joachim Oechslin will remain in his post until Wildermuth comes aboard. At Goldman, Wildermuth is also a member of the board of Goldman Sachs International Bank. He joined Goldman in 1997, progressing to se...