Deutsche Bank confirms former Credit Suisse star as head of European high yield trading
New head joins from the embattled Credit Suisse, where she served for the last 12 years, most recently as head of EMEA high yield trading and sector strategy.
New head joins from the embattled Credit Suisse, where she served for the last 12 years, most recently as head of EMEA high yield trading and sector strategy.
Despite the bank’s longstanding role as a counterparty – especially in the fixed income space – The TRADE understands that neither Credit Suisse nor UBS have yet been in touch with clients regarding next steps following the merger.
Good morning from The TRADE HQ in London. In case you’re wondering what happened over the weekend, here’s a quick update on the UBS-Credit Suisse deal, how it played out, and the far-reaching impacts.
The ECB, Bank of England and Federal Reserve join with other major central banks to offer seven-day US dollar operations on a daily (instead of weekly) basis, effective from 20 March 2023.
The bank reports another set of dire earnings results, with losses amounting to CHF3.3 billion in 2022.
The past week saw appointments from Credit Suisse and BTIG, along with departures from LSEG, Winterflood Securities and Mizuho.
At the Fixed Income & FX Leaders Summit APAC, panellists offered insights into how trading desks can leverage innovations in electronic trading and automation as key differentiators to drive growth and achieve resilience.
The hire comes following a dire Q3 for the bank, which has seen a multitude of recent departures from its global fixed income team.
The Swiss bank has revealed a new strategy to improve its profitability including the restructuring of its investment bank, accelerated cost transformation and reallocated capital.
New co-head brings 20 years’ experience across FX and fixed income markets, having previously served at Credit Suisse and Bank of America Merrill Lynch.