Credit Suisse Hires JPMorgan’s McNeill for Derivatives

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Credit Suisse Group AG hired Daniel McNeill of JPMorgan Chase & Co. to lead its equity-derivatives unit for the Americas, according to two people with knowledge of the matter.

McNeill will replace James Masserio, a veteran of the Zurich-based lender, who will move into a to-be-determined role at the bank, according to one of the people, who asked not to be named because the information isn’t public. McNeill’s position will encompass all of the bank’s equity-derivatives business for the Americas, including structured products.