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Swiss lender places faith in Klein to lead an investment banking turnaround

Investment Banking Editor

Former Citigroup dealmaker Michael Klein has been handed control of Credit Suisse's investment banking unit, along with two other top jobs, after the Swiss bank agreed to pay $175m for his 40-person boutique.

Klein, who was previously on Credit Suisse's board of directors and is a key architect of the spin out of its investment banking business, has been named chief executive of banking, head of its Americas operation and CEO designate of CS First Boston — the new, rebranded dealmaking unit.

Credit Suisse hands Michael Klein three top jobs after $175m boutique buy

Paul Clarke

Credit Suisse

Barclays

Citigroup

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CDPQ hires Sharon White to lead push in Europe

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Former chair of the John Lewis Partnership is joining the Canadian pension fund giant early next year

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The president-elect floated the idea during a Wednesday meeting with the former Fed governor.

By Brian Schwartz, Vivian Salama and Andrew Restuccia

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