Banfield skips Credit Suisse for Lehman

Colin Banfield moves to Lehman Brothers to head M&A as part of the US bank's strategy to build a position in the product in Asia.

Lehman Brothers has poached Colin Banfield from Credit Suisse to head MA for Asia-ex Japan.

Banfield will be designated managing director and will report regionally to Glenn Schiffman, head of investment banking and globally to Mark Shafir, global head of MA. A Lehman spokesperson confirmed that Banfield had resumed duties at the firm on September 17.

Sources say that at Credit Suisse Banfield may have had the same title as he will have at Lehman but effectively he...

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