CORRECT: Zipperer Joins Berenberg as Portfolio Management Chief

(Corrects first bullet to show co. translates Zipperer title from German as head of institutional portfolio management rather than head of institutional asset management) * Markus Zipperer joined Berenberg’s committee steering investment strategy July 1 as head of institutional portfolio management, Hamburg-based private bank says * Co. says added 10 new employees to investment unit “in recent months”, expansion completed “for the time being” * NOTE: Credit Suisse (CSGN) investment strategist Lehr to leave for Berenberg

To contact the reporter on this story: Nicholas Brautlecht in Hamburg at nbrautlecht@bloomberg.net

To contact the editors responsible for this story: Angela Cullen at acullen8@bloomberg.net Mark Bentley

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