Credit Suisse loses top China banker, reshuffles team

Abrupt departure of lender's most senior China banker, Mervyn Chow, triggers leadership shake-up – just three months after the last changes. Chow is set for a private equity job.

Credit Suisse loses top China banker, reshuffles team

Credit Suisse has shaken up the leadership of its investment banking unit, in a reshuffle triggered by the abrupt departure of its most senior China banker, Mervyn Chow, who is said to be joining China-focused private equity Hillhouse Capital.

The latest move came as a surprise to the banking industry, as the Zurich-based bank promoted Chow twice last year. He was most recently promoted to CEO for Greater China in October, after being named...

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