Credit Suisse High-Yield Co-Head Oplinger Said to Leave
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Steve Oplinger, co-head of U.S. high-yield sales for Credit Suisse Group AG, left Switzerland’s second-biggest bank amid a disagreement over his group’s compensation, two people briefed on the matter said.
Oplinger departed today following a dispute with top management over his team’s alloted bonus pool, according to the people, who asked not to be identified because the departure wasn’t made public. Jason Safriet, his co-head, will run the group, according to another person. Oplinger declined to comment when reached by phone. Drew Benson, a spokesman for the Zurich-based bank, declined to comment on Oplinger’s departure.