Credit Suisse Hires UBS Banker Leimer to Head Saudi Private Bank
- Dominique Leimer is expected to start in Riyadh in March
- Banker previously worked for UBS in Dubai for almost six years
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Credit Suisse Group AG hired Dominique Leimer from UBS Group AG to head its private wealth unit in Saudi Arabia as the Zurich-based bank expands in the kingdom.
Leimer will manage Credit Suisse’s onshore private wealth operations from Riyadh, two people with knowledge of the matter said, asking not to identified because the appointment isn’t public. He plans to hire Saudi nationals for the team, they said. Credit Suisse confirmed the hiring without giving more details, while UBS and Leimer declined to comment.