J. Safra Sarasin is hiring a new head for wealthy clients in Zurich. The Swiss banker is moving together with a team from Credit Suisse. 

The Swiss private bank is hiring Raphael Alder as its head of corporate clients in the Zurich area, J. Safra Sarasin said on Monday. Currently with Credit Suisse, the Swiss banker is defecting together with a team, the bank said. 

Alder has 15 years of experience with private banking clients in the region. He will report to Yves Sarasin, who runs the Swiss wealth arm. Zurich is a key strategic region, the Brazilian-Swiss private bank said.