Credit Suisse Hires UBS’s Yamate to Cover Japanese Retailers

Credit Suisse Group AG, Switzerland’s second-biggest bank, hired Taketo Yamate from UBS AG today to cover Japanese retailers.

Yamate, 33, will cover companies including Fast Retailing Co., Kunihiko Shiohara, Credit Suisse’s Tokyo-based equity research director, said. The bank’s Japanese equity research department has almost 60 staff.