Credit Suisse Hires Julius Baer Bankers for Indonesia

  • Heinz Puth, other bankers will report to Oeni, person says
  • David Lim joined earlier this year as vice chairman, SE Asia
Photographer: Stefan Wermuth/Bloomberg
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Credit Suisse Group AG hired private banker Heinz Puth and three others from Swiss rival Julius Baer Group Ltd. to boost its Singapore team focusing on wealthy Indonesians, according to a person familiar with the matter.

Puth and the former Julius Baer relationship managers will report to Johanes Oeni, who heads Credit Suisse’s private banking market group for Indonesia, said the person, who declined to be identified as the information is private.