Credit Suisse/India

Credit Suisse hires 11 bankers in India

Credit Suisse brings 11 bankers on board in India, some to replace earlier losses, and Barclays Capital hires two.
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<div style="text-align:right; font-size:7pt; color:rgb(119, 119, 119);"> Photo: AFP</div>

Credit Suisse hired five directors and six vice-presidents in India across the equities, fixed income and investment banking departments.

These appointments reflect Credit Suisse's continued investment in India and our ability to attract leading talent, said Mickey Doshi, chief executive officer of India for Credit Suisse, in a written statement.

The Swiss bank won a licence to open a bank branch in India in August 2010, enabling it to accept deposits, extend financing to clients and deal in government securities, domestic fixed income products and foreign exchange. The branch licence complements the wealth management, investment banking and asset management services Credit Suisse currently offers. Credit Suisse...

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