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Credit Suisse Said to Hire Drayson for Leveraged Debt Sales

Credit Suisse Group AG, 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.