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Bank of America hires Credit Suisse veteran Engelbrekts to lead Swiss dealmaking

Bank of America hires from UBS in another senior departure from the Swiss bank

Bank of America rings in another senior change in Europe as Olof Engelbrekts joins ranks
Bank of America rings in another senior change in Europe as Olof Engelbrekts joins ranks Photo: Arnd Wiegmann/Getty Images

Bank of America has hired a veteran of UBS and Credit Suisse to lead its investment bank in Switzerland in the latest senior change at the Wall Street bank.

Olof Engelbrekts is set to join Bank of America as head of investment banking for Switzerland, according to a memo seen by Financial News. He comes from UBS, having made the switch as part of its acquisition of Credit Suisse last year. He will join Bank of America in July.

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