Credit Suisse hires nine new private bankers

CSPB in Singapore entices eight bankers from Citibank and one from Merrill to join fast growing business.

Credit Suisse Private Banking CSPB in Singapore has hired nine bankers from Citibank Private Bank and Merrill Lynch as it predicts another year of strong growth. The appointments are part of CSPB's aggressive expansion drive in Asia that has seen the Singapore branch more than double its assets under management and almost double total staff over the past two years.

Eight of the new bankers are from Citibank and have 83 years combined banking and private banking experience. Five of them have joined CSPB Singapore as senior relationship managers, while one is an investment consultant. A second investment consultant has been hired from Merrill Lynch.

Pierre-F. Baer, Credit Suisse Private Banking's branch manager in...

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