Credit Suisse hires new European equity derivatives head

Yan Assoun has been hired by Credit Suisse as the bank’s new head of European equity derivatives trading.

Assoun, who starts on November 5, was formerly European head of single-stock derivatives and structured products at Deutsche Bank in London. In his new role, he will continue to be based in London and will report to Simon Yates, head of global equity derivatives and co-head of European equities at Credit Suisse.

His appointment fills the vacancy left by Jerome Drean, who unexpectedly quit in June after joining from Bank of America. Drean is thought to have left for personal reasons, after less than two months in the job.

Deutsche Bank declined to comment on a replacement for Assoun.

See also: New equity derivatives head leaves Credit Suisse

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