Santander Adds Truist, Credit Suisse Alum Smith in Hiring Spree

Banco Santander SA has hired private equity dealmaker Hayes Smith, the latest in a string of senior appointments, according to people with knowledge of the matter.

Smith, who worked at Credit Suisse Group AG for two decades before a stint at Truist Financial Corp., is set to join the Spanish lender’s financial sponsors group, said one of the people. He has worked on transactions involving Carlyle Group Inc., Warburg Pincus, Veritas Capital, Cerberus Capital Management and Kelso & Co.

A Santander spokesman declined to comment.

The firm has been aggressively hiring to bolster its US investment bank. In ...