Wells Fargo Sees ‘Feeding Frenzy’ for Credit Suisse Bankers

Updated on
  • U.S. lender says response from Swiss bank's advisers `good'
  • Wealth head says retention bonuses `much lower' than peers

Top Credit Suisse Group AG private bankers are being fought over by competitors after Wells Fargo & Co. struck a recruitment deal with the Swiss lender, the U.S. bank’s head of wealth management said.

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