Credit Suisse SPAC Head Stabinsky Is Said to Join Santander (1)

Credit Suisse Group AG’s departures continue with its head of blank-check companies leaving after the fortunes of both the bank and the product have changed.

Niron Stabinsky, the head of special purpose acquisition companies and permanent capital, is leaving the Swiss bank to join Banco Santander SA, according to people with knowledge of the matter.

Ryan Kelley, a Credit Suisse director, will also join Stabinsky at the Spanish lender, said the people, who asked not to be identified discussing private information.

Stefanie Gallagher, a managing director on the Swiss bank’s equity capital markets syndicate team, will ...