finews.ch already reported on the departure of the well regarded head of Credit Suisse Asset Management. Media is now reporting another high level exit from the Swiss bank.
After two decades with Credit Suisse Bob Jain announced he was leaving Credit Suisse for Millennium Management. The Zurich headquartered bank is strategically realigning away from its securities businesses and loading more resources towards wealth management, with Asia being a key beneficiary of the calibration.
Bob Jain had moved through the ranks of Credit Suisse at the same time as former Chief Executive Brady Dougan.
Investment Banking Exit
Australian financial media publication AFR (paywall) is now reporting that a highly regarded Credit Suisse banker Anthony Brasher is leaving the investment bank, allegedly to join J.P. Morgan.
Brasher has been with Credit Suisse since March 2012 and is Director, Investment Banking (Financial Institutions) based in Sydney.