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Major Credit Suisse bank receives prominent entry. Christian Meissner, former director of investment banking at Bank of America, will take on a management role in the business with wealthy clients at Credit Suisse.
Meissner will co-lead the International Wealth Management Investment Banking Advisor (IWM IBA) and the Vice President of Investment Banking, the CS announced in a statement Tuesday evening. For this reason, Julius Baer is retiring from the Board of Directors with immediate effect, Julius Baer announced.
He was also in the UBS race to succeed Ermotti
Meissner will join Credit Suisse on October 26, he said. Together with Babak Dastmaltschi, IWM President of Strategic Clients and Co-Director of IWM IBA, Meissner will drive the implementation of the strategy for wealthy corporate clients.
As Vice President of Investment Banking, the Austrian will be able to draw on his long-standing private equity and corporate relationships around the world.
Meissner’s name was also mentioned in the successor to UBS CEO Sergio Ermotti. UBS then elected Ralph Hamers, who will take office on November 1, 2020. (SDA)
