Credit Suisse Taps Ex-BofA Rainmaker to Target Richest Clients
- Christian Meissner to join new unit helping wealthy do deals
- Bank is seeking to deepen relationships with richest clients
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Credit Suisse Group AG tapped the former top rainmaker at Bank of America Corp. as it vies with UBS Group AG for ways to get more business out of the richest customers.
The Swiss bank late Tuesday confirmed a Bloomberg report that it’s hiring Christian Meissner to co-run a newly created group connecting entrepreneurs who are clients of its international wealth management unit with the services offered by the investment bank. The former head of investment banking at Bank of America will relocate to Europe from the U.S. and report to Brian Chin, the head of the investment bank, as well as Philipp Wehle, who runs that wealth business.