Credit Suisse’s Asia Investment Banking Vice Chairman Hung Exits

  • Hung stepped aside last year as Asia investment bank co-head
  • Credit Suisse has seen senior bankers exits amid reshuffle
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Credit Suisse Group AG’s Zeth Hung has left the bank, the most senior departure for Asia-Pacific investment banking, as the Swiss lender continues to reshuffle its operations, according to an internal announcement.

Hung, who spent 25 years at Credit Suisse, was most recently vice-chairman of investment banking & capital markets for the region. He stepped aside from its role as regional co-head for the division last year, while Edwin Low, the other co-head, was made chief executive officer for Asia-Pacific. A spokeswoman at the bank confirmed Hung’s exit. Hung couldn’t be reached for a comment.