(Corrects title of Moneypenny to go of U.S. mortgage capital markets and title of Warm to go of U.S. excessive yield capital markets, paragraph 2)

By Olivia Oran

DeFusco will report to go of U.S. mortgage capital markets Jonathan Moneypenny and head of U.S. excessive yield capital markets Marc Warm and begin later this 12 months, in response to an inside memo from the Swiss financial institution on Tuesday.

DeFusco had labored at Goldman since 2003, the place he served as head of U.S. leveraged finance origination and head of know-how, media and telecom leveraged finance.

A Credit Suisse spokeswoman confirmed the contents of the memo.

Credit Suisse’s leveraged finance franchise is among the many most lively on Wall Street.

Earlier in January, the financial institution blocked an try by Jefferies Group LLC to lure a number of of its senior bankers, together with Moneypenny.

Credit Suisse stated in January that it had employed Deutsche Bank AG’s Mike Eilert as its new head of U.S. par mortgage buying and selling to switch Brad Capadona who left for Jefferies. (Reporting by Olivia Oran in New York; Editing by Chizu Nomiyama and Grant McCool)





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