Nine hires boost Credit Suisse's Asia fixed-income team

Credit Suisse has hired nine directors in sales and trading for its Asia-Pacific fixed-income business.

Chunlei Wu joins the firm as a managing director and head of flow rates sales for China. He was most recently at Deutsche Bank, and before that spent 12 years at the State Administration of Foreign Exchange in China. He is based in Hong Kong.

Vishal Sodha has been appointed a director and head of credit sales for Asia ex-Japan. He joins from Citigroup, where he worked for 11 years, most recently as a director of fixed-income investor sales in Hong Kong. He will be joined by Theresa Wong, who has been appointed a director and head of fixed-income sales for Hong Kong. Previously, Wong worked at UBS, where she was an executive director of fixed-income distribution.

In Singapore, Hong Nam Yeoh will become a director covering financial institutions and corporates in Malaysia. Previously, he was an executive director of derivatives sales in Malaysia at JP Morgan and before that was a member of Deutsche Bank's retail and private banking flow product distribution team.

Regina Tan joins as a director and generalist country salesperson for Singapore. Until recently, she had responsibility for fixed income, and credit sales and distribution as an executive director at UBS. She will be accompanied by Hunter Jamieson, a new director in the global foreign exchange sales team in Singapore. Jamieson joins from Barclays Capital in Sydney, where he was a director responsible for corporate and institutional foreign exchange for Australia and New Zealand.

Credit Suisse has also built up its fixed-income trading team. Richard Cohen will join as a director and head of credit trading for Asia-Pacific. Previously, he spent seven years at Morgan Stanley, most recently as head of credit and convertible trading for Asia including Japan. He will be based in Hong Kong.

Bevan Harris joins the firm's non-Japan Asia rates trading team as a director, having been at Royal Bank of Canada for five years. He will be based in London, where he will trade Australian and New Zealand dollar derivatives for non-Asia clients. John Camara has also joined as a director in the forex spot trading team, based in Singapore. Before joining Credit Suisse, he was a director at Deutsche Bank in Sydney.

Credit Suisse stated it wants to develop a "pre-eminent" flow franchise in Asia-Pacific. In addition to these nine directors, the firm has made some high-profile hires in its Asia-Pacific investment banking division in recent months. In May, Matt Pecot joined as head of prime services. In June, Ken Pang and Min Park joined as co-heads of equity derivatives and convertibles from UBS, while Simon Yuan was appointed co-head of financial institutions for greater China. In the following month, Benjamin Happ took on the position of head of capital services.

See also: Credit Suisse strengthens Asia-Pacific equity derivatives
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