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Credit Suisse names new investment bank leaders after Welter quits for Citigroup

The Swiss lender has turned to veteran dealmakers to lead its Emea investment bank

Credit Suisse has shaken up the senior ranks of its investment bank again
Credit Suisse has shaken up the senior ranks of its investment bank again Photo: Jose Cendon/Getty Images

Credit Suisse has named two new leaders of its European investment bank after 27-year veteran Jens Welter quit to join Citigroup.

Cathal Deasy and Giuseppe Monarchi have been named co-heads of investment banking and capital markets for Europe, the Middle East and Africa, according to a memo seen by Financial News and confirmed by a Credit Suisse spokesperson.

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