Credit Suisse expansion continues

Investment bank Credit Suisse is to hire eight new staff across its commodities and energy division, continuing an expansion of its joint venture with commodities trading company Glencore, according to a company memo seen by Energy Risk.

The largest expansion is at the bank's London oil desk, where four new staff have been hired. "Establishing a leading oils platform is a key component of the continuing expansion of our commodities business," says the memo, sent by commodities co-heads Beau