Credit Suisse has lost yet another investment banker, this time one with 22 years of service to Barclays.
Davide Sala is leaving Credit Suisse to join Barclays in November as managing director and head of industrials M&A for the Europe, Middle East and Africa region, the U.K. bank said in a press release Wednesday.
In his last position at Credit Suisse, Sala was managing director at the investment bank for European diversified industrials and aerospace as well as head of European building materials coverage. He had worked for the bank for around 22 years both in New York and London.
His clients included companies such as Airbus, CNH Industrial, Fincantieri, GE Aviation, Holcim, Rolls-Royce and Sandvik, Barclays said.
Industral M&A Specialist
It added that he would lead Barclays’ M&A client dialog for European clients in the industrials sector, working closely with the co-heads of Industrials Investment Banking Asim Mullick and Richard Probert.
Sala will report to Pier Luigi Colizzi, head of Investment Banking, Continental Europe, and co-head of M&A, EMEA, and Omar Faruqui, co-head of M&A, EMEA.
After the Archegos debacle Credit Suisse's investment bank has suffered a series of defections to the competition.
