Just as Credit Suisse is strengthening its focus on wealth management, a veteran and key figure in its private banking division is leaving.
Member of the board Yves-Alain Sommerhalder is leaving Credit Suisse, as «Bloomberg» (behind paywall) reported Monday. The senior executive was promoted to head of financing and products across wealth management globally less than a year ago, as finews.com reported at the time.
Sommerhalder worked for Credit Suisse for 20 years and was given a key role within the private bank when the wealth arm was merged into one global unit under Francesco De Ferrari.
