Credit Suisse hires Toone

Toone, who previously served as co-head of Europe, Middle East & Africa (EMEA) commodities sales and structuring at Barclays Capital, will oversee Credit Suisse’s plans to achieve growth in a sector that has performed strongly in recent years.

He will be based in Baar, Switzerland, and will be responsible for the distribution of metals-related risk management and investment products to the bank's global customer base.

Credit Suisse set up the partnership with Glencore in July to develop a structured products and metals derivatives business, which will connect the bank’s metals trading operation in Zurich with Glencore’s in Baar.

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