Credit Suisse Said to Hire Drayson to Run Leveraged Debt Sales

Credit Suisse Group AG (CSGN), the second- biggest Swiss bank, hired Morgan Stanley’s Geoffrey Drayson as head of European leveraged finance sales, according to a person with knowledge of the move.

Drayson will be responsible for high-yield bonds, leveraged loans and distressed credit sales, said the person, who asked not to be identified before an announcement is made.

Drayson didn’t return calls to his mobile telephone and an e-mail. Tom Walton, a spokesman for Morgan Stanley in London, declined to comment.

To contact the reporters on this story: Elisa Martinuzzi in Milan at emartinuzzi@bloomberg.net; Katie Linsell in London at klinsell@bloomberg.net; Patricia Kuo in London at pkuo2@bloomberg.net

To contact the editors responsible for this story: Edward Evans at eevans3@bloomberg.net; Shelley Smith at ssmith118@bloomberg.net

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