Credit Suisse poaches Morgan Stanley banker for global industrials group -memo By Reuters – Investing.com

Credit Suisse poaches Morgan Stanley banker for global industrials group -memo By Reuters – Investing.com

By Pamela Barbaglia

LONDON (Reuters) - Credit Suisse (SIX:) has snapped up a Morgan Stanley (NYSE:) banker to take on a senior role within its global industrials group as the scandal-hit Swiss lender seeks to revamp its investment banking team after a series of recent departures.

Kyle Berry is set to join Credit Suisse as a managing director in the global industrial group on July 19 and will focus on business services across Europe, the Middle East and Africa, according to a memo seen by Reuters and confirmed by a spokesperson for the bank.