Santander Hires Credit Suisse’s Pangrazzi as Head of Europe Industrial Deals

Banco Santander SA has hired Credit Suisse’s Italian chief of investment banking and capital markets, Michele Pangrazzi, as head of industrials Europe, as part of its plan to provide more services for existing corporate clients.

Pangrazzi, 44, started on March 1 at the Spanish lender’s corporate and investment banking division, people with knowledge of the matter said, asking not to be identified discussing hirings before a public announcement.