Michael Tan

Credit Suisse hires BofA Merrill’s Michael Tan

The Swiss bank has hired Tan to head its financial institutions group in the Asia Pacific region, based in Hong Kong.
Michael Tan heads to Credit Suisse
Michael Tan heads to Credit Suisse

Credit Suisse has hired Michael Tan from Bank of America Merrill Lynch to head its financial institutions group (FIG) in the Asia Pacific region, according to people familiar with the matter

Tan held the same title at BofA Merrill Under Tan’s leadership, the US  bank recently advised on some landmark transactions in the region’s financial sector, including Mitsubishi UFJ Financial Group’s $5 73 billion bid for a 75% stake in Bank of Ayudhya, Thailand fifth-largest bank by commercial assets

BofA Merrill also advised the seller on MS&AD Insurance Group’s purchase of a 50% stake in the life insurance unit of Indonesia’s Sinar Mas for Y67 billion, at a price to book ratio of 4 7...

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