Wells Fargo taps Credit Suisse for new senior securities sales trading specialist

Incoming hire previously spent 13 years at Credit Suisse; also held positions at Commerzbank AG and Dresdner Kleinwort.

Wells Fargo has appointed Jon Thorne as senior securities sales trading specialist, The TRADE can reveal.

According to a post on social media, Thorne joins Wells Fargo from Credit Suisse, where he spent 13 and a half years.

Most recently, Thorne served as a listed sales trader – a position he held for almost 11 years.

Elsewhere during his tenure at Credit Suisse, Thorne held a FX and futures execution position as well as a FX prime brokerage role.

Before joining Credit Suisse, Thorne held an eFX and prime brokerage FX position at Commerzbank AG.

Prior to that, he held the same role at Dresdner Kleinwort.

Thorne’s addition to Wells Fargo follows a string of recent appointments following Credit Suisse’s landmark takeover from UBS which was completed in March.

Read more: UBS agrees landmark takeover of Credit Suisse after intervention from Swiss authorities

Most recently, The TRADE revealed that Drew Vincent is set to join TD Cowen in an execution services role following almost 15 years at Credit Suisse.

Jonathan Tse was appointed managing director, EMEA head of electronic trading quant analytics, platform and product at UBS last month, following a move over from Credit Suisse.

Elsewhere, RBC appointed two former Credit Suisse senior algorithmic trading individuals to join its low touch electronic sales and trading team. James Hilton was appointed multi-asset managing director in RBC’s low touch team, while Suzanne Webster joined as a multi-asset director.

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