Brian Yoon to head regional fixed income for Credit Suisse

Stoehr’s title will be head of financing Asia Pacific and he will report directly to regional CEO Helman Sitohang

The bank's former head of global financial institution sales left early this week, and is understood to be joining a new bank in Asia after a period of gardening leave.

A major reshuffle in the senior ranks after a key industry figure retires.

Credit Suisse appoints Bunt Ghosh and Atsushi Mizuno and vows to increase its Asian headcount in the division by a further 20% this year.

Claims would be based on a breach of international investment agreements, and launched on behalf of Credit Suisse’s AT1 investors from jurisdictions including Hong Kong, Japan, Korea, Singapore and the UAE.

Credit Suisse has hired nine new directors, including Chunlei Wu, to bolster its Asia-Pacific fixed-income sales and trading franchise.