Credit Suisse hires to address German rankings slip

The Swiss bank has brought back a senior executive to try to stem its decline in German M&A and ECM bookrunner rankings

Credit Suisse has re-hired Norbert Reis as vice chairman of its Europe, Middle East and Africa investment banking department as part of a wider strategy to consolidate its position in the German and Austrian markets.

A spokesman from the bank said Reis will re-join Credit Suisse on May 1 dividing his time between London and Frankfurt, using his extensive knowledge of the two countries to help drive the firm's expansion plans.

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