Credit Suisse appoints Julius Baer to board of directors



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Credit Suisse has brought in a prominent banker. For a time he was transferred as successor to UBS boss Sergio Ermotti, but more recently he was a member of the board of directors of the Zurich bank Julius Baer.

Christian meissner becomes co-director of IWM Investment Banking Advisory and vice president of investment banking, as announced by Credit Suisse on Tuesday night. He will join Credit Suisse on October 26, 2020 and will therefore be at the interface between private banking and investment banking.

Together with Dastmaltschi Round, IWM President of Strategic Clients and Co-Director of IWM IBA, Meissner will drive the development and implementation of the IWM strategy for wealthy corporate clients in order to offer this client segment more comprehensive support and care in the area of investment banking, as we learned.

more than 30 years of experience

The 50-year-old Austrian is no stranger to Swiss banking. In early 2019 he succeeded UBS as CEO Sergio Ermotti He acted for a while, but then he didn’t get a kiss on the hand as well as finews.ch reported. UBS then decided Ralph hamerswho will take office on November 1, 2020.

Thus, it was even more surprising that Meissner was elected to Julius Baer’s board of directors. Due to his new position, he is leaving this supervisory body with immediate effect, as the bank announced on Tuesday night.

With 30 years of investment banking experience, Meissner has a deep understanding of the industry and an extensive network in Europe, as CS announced. He held various senior positions at leading investment banks, most recently as Director of Corporate Banking and Global Investment at Bank of America Merrill Lynch.

Active from Zurich

From 2004 to 2008 he worked at Lehman Brothers as Co-Head of Investment Banking EMEA and later as Co-CEO of EMEA. Prior to that, he worked at Goldman Sachs as a director of European ECM and became a partner in 2002.

Meissner will be based in Zurich and will be a member of the IWM Management Committee. He goes to Philipp Wehle, CEO of International Wealth Management, and Brian Chin, CEO Investment Bank, rapportieren.

His appointment is an important step in relation to the investment bank’s investments in senior bankers to expand the advisory and capital markets business, the leading Swiss bank said. Meissner is very involved David miller all over the world, with Jens welter in the EMEA region and with Yves-Alain Sommerhalder, Head of Global Business Solutions and International Financing Group, zusammenarbeiten.

Will there be a relocation of European financial centers due to Corona and Brexit?

  • Yes, London will lose much of its importance.

  • Yes, Frankfurt will emerge as the big winner.

  • There is a division between different cities.

  • Yes, Switzerland will become significantly more important.

  • No, everything remains the same.

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