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Credit Suisse Set to Name David Wah, Jens Welter as Co-Heads of Banking in Promotions

  • Bank is seeking to stabilize business after wave of departures
  • Appointments follow changes to senior ranks of various units
A logo outside the Credit Suisse Group AG headquarters in Zurich, Switzerland, on Monday, Nov. 1, 2021. 

A logo outside the Credit Suisse Group AG headquarters in Zurich, Switzerland, on Monday, Nov. 1, 2021. 

Photographer: Thi My Lien Nguyen/Bloomberg
Updated on

Credit Suisse Group AG has promoted investment bankers within its senior ranks as the Swiss lender seeks to stabilize a business that saw dozens of departures last year after scandals engulfed the firm.

David Wah and Jens Welter were appointed co-heads of banking, which includes M&A, industry and country coverage, while Harold Bogle was named chairman of investment banking and capital markets, according to a company memo, which confirmed an earlier Bloomberg News report. Jens Haas and Giuseppe Monarchi were named co-heads of EMEA coverage.