Credit Suisse hires in equities

Credit Suisse has made a number of new hires in equity derivatives globally, following the bank's formation of a London-based equity derivatives product management group.

Jerome Drean is the bank’s new head of European equity derivatives trading. He will be based in London and report to Simon Yates, head of global equity derivatives and co-head of European equities. Drean joins from Bank of America, where he was responsible for establishing the bank’s European trading platform. He replaces Grant Rippetoe, who moves to Hong Kong to run trading across Credit Suisse’s non-Japan Asia equities customer businesses. Rippetoe now reports regionally to Alex Lin, who is responsible for equity trading across cash and derivatives in the Asia-Pacific region. Meanwhile, he reports functionally to Yates and Todd Sandoz, head of global equities cash trading, global convertibles and global equity risk.

Alberto Garcia Elias also joins Credit Suisse in London as head of European structured retail products. He has left Dresdner Kleinwort, where he headed the bank’s structured retail products group. He replaces Jean-Manuel Dersy, and now reports to Osama Abbasi, co-head of Credit Suisse’s European fixed-income coverage group.

Elsewhere, Jason Brus joins the bank as global equity derivatives chief of staff, based in London and reporting to Simon Yates. He rejoins Credit Suisse from BNP Paribas, where he worked in flow trading. Christophe Moser joins as a director in London, with responsibility for trading flow single-stock options. He joins from Dresdner Kleinwort and will report to Mike Taylor and Shaun Baker, co-heads of flow single-stock trading for Europe.

Rob Hewitt also joins Credit Suisse, as head of non-Japan Asia equity derivatives flow trading. He will be based in Hong Kong and report to Grant Rippetoe. Hewitt was formerly responsible for Japan index trading at UBS. Reporting to him is new appointee Jean Guy-Renard, who joins from Morgan Stanley as head of non-Japan Asia index option trading. In addition, Michael Chighine joins the bank in Sydney, where he will be responsible for Australian equity derivatives trading. He reports to Steve Hall, head of derivatives trading for Australia.

See also: Credit Suisse forms new equity products group