Credit Suisse has appointed a new head of mergers and acquisitions (M&A) for the Asia Pacific as it shuffles its investment banking team in the region, according to a memo seen by Reuters.
Christian Deiss will take over the Swiss bank's M&A business, replacing Joe Gallagher who will remain vice chairman of investment banking and capital markets for the Asia Pacific(APAC), the memo said.
A Credit Suisse spokesperson confirmed the contents of the memo.
The changes come after Credit Suisse made 200 net hires in APAC, which includes China,in the first half of 2021, the spokesperson confirmed.