Credit Suisse Loses 3 More Investment Bankers to Santander (1)

June 9, 2023, 11:02 PM UTC

The flurry of departures from Credit Suisse Group AG this week showed no signs of stopping with three more managing directors leaving for Banco Santander SA, people with knowledge of the matter said.

The three include equity capital markets chairman Ernesto Cruz, who had been at the Swiss lender for almost four decades, the people said, asking not to be identified discussing private information.

Also joining the Spanish lender are Steven Winnert, head of equity-linked origination, and William Brett, head of corporate equity derivatives, the people said. Winnert had worked at Credit Suisse since 1993, while ...

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