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