BofA Said to Hire Credit Suisse’s Lin for Asian Investment Bank

Bank of America Corp. hired George Lin from Credit Suisse (CSGN) Group AG as head of Asia consumer, retail and health-care investment banking, two people with knowledge of the matter said.

Lin, 42, will start working in Hong Kong for the Charlotte, North Carolina-based bank by the end of June, one of the people said, asking not to be identified before an internal announcement. Paul Scanlon, a Hong Kong-based spokesman for the U.S. firm, and Credit Suisse spokeswoman Josephine Lee declined to comment.

Lin is at least the second person to be hired from the Swiss bank this month as Bank of America seeks to expand its banking, fixed-income and equities operations in Asia. Olivier Thiriet, who helmed Asia-Pacific cash equities at Zurich-based Credit Suisse, will join the U.S. bank later this year, according to a Feb. 22 memo.

Lin left Credit Suisse last week, one of the people said. He had joined the bank’s Los Angeles office 13 years ago from Donaldson, Lufkin & Jenrette Inc., which Credit Suisse bought in 2000 for $13.4 billion, and he moved to Hong Kong in 2007, the person said.

Bank of America last year hired Margaret Ren from BNP Paribas SA and Stephen Gore from UBS AG to help build its China banking and Asian mergers advisory businesses. Loh Boon Chye also joined from Deutsche Bank AG to head Asia global markets.

To contact the reporter on this story: Cathy Chan in Hong Kong at kchan14@bloomberg.net

To contact the editor responsible for this story: Chitra Somayaji at csomayaji@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.