Credit Suisse Names New Europe Equities Head After Archegos
- Neil Hosie will add to his role as head of Asia equities
- Credit Suisse is rebuilding after top executives stepped down
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Credit Suisse Group AG named Neil Hosie head of equities for Europe, Middle East and Africa, replacing Ryan Nelson who stepped down after the bank lost $5.5 billion in the collapse of Archegos Capital Management.
Hosie will remain as head of equities for Asia Pacific, according to people familiar with the decision who asked not to be identified since the matter is private. He will relocate to London in due course, the people said.