Credit Suisse names new heads of global M&A practice -memo By Reuters – Investing.com

Credit Suisse names new heads of global M&A practice -memo By Reuters – Investing.com

By David French

NEW YORK (Reuters) -Credit Suisse Group has named a trio of dealmakers to run its global mergers and acquisitions practice, in a leadership reshuffle after the previous chief's departure from Switzerland's second largest bank.

The changes follow a wave of investment bankers leaving the bank after bonuses were cut to tackle losses of more than $5 billion from the collapse of U.S. investment firm Archegos and British supply chain financier Greensill Capital.