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Credit Suisse loses top dealmaker to Citigroup

Yahoo! Finance
Credit Suisse has lost one of its most senior remaining dealmakers to Citigroup, as the beleaguered Swiss lender prepares for a major restructuring of its investment bank after a series of scandals. Jens Welter is quitting Credit Suisse less than nine months after being named co-head of global banking, ending a 27-year career with the Swiss bank where he became known as a top adviser to consumer companies such as Nestlé. Welter will join Citi as its new co-head of European investment banking a...
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