Credit Suisse Strengthens Chinese Capital Markets Unit With Three Hires

[kreslik.news]

Credit Suisse has bolstered its Chinese operations with three senior appointments to its investment banking and capital markets (IBCM) team in China – Li Ping, Summer Xia, and Ma Jie are all coming over to the lender in new roles, according to a Reuters statement.

Credit Suisse has been a notable departure from a number of other leading lenders in Europe and Asia, namely as they have largely abstained from sweeping job cuts to their operations. The majority of losses in the financial industry have resulted in backoffice or technology jobs being axed, though fixed income and foreign exchange (FX) desks ... (read more)