Credit Suisse is replenishing its ranks in Luxembourg after the exit of a long-standing team of private bankers. The Swiss bank is poaching a senior European banker from a rival to do so, finews.com has learned.
Credit Suisse is naming Anders Mattsson the head of its northern and western European business in Luxembourg, according to a statement.
The Swiss bank poached Mattsson from Deutsche Bank, where he led the Scandinavian desk in Luxembourg for the German lender. Previously, he was a private banker specialized in ultra-rich clientele at Merrill Lynch International, now part of Julius Baer, as well as France's Crédit Agricole.
Mattsson will report to Emma Crystal, the head of Credit Suisse's international private bank in northern and western Europe. He will be part of the management team led by Stéphane Herrmann in the Grand Duchy. Herrmann had taken over the last year from Yves Maas. In February, Julius Baer raided Credit Suisse of five senior private bankers in Luxembourg, as finews.com reported at the time. The finance hub has seen copious mergers-and-acquisition activity, particularly from Swiss private banks.
