Julius Baer Poaches Credit Suisse Bankers to Boost Latin America Business
January 19 2021 - 9:38AM
Dow Jones News
By Pietro Lombardi
Julius Baer Gruppe AG has hired some Credit Suisse Group AG's
bankers who will form the bulk of a new team working on the Latin
American market.
The team will be led by Philipp Frischknecht, who was the head
of Credit Suisse's Private Banking International Segment for Latin
America. It also includes Ricardo Amorin, Jürgen Ritz, Horacio Ruiz
Moreno and Alejandro Moreno Basols, who all worked at Credit
Suisse, as well as Rodolfo Lizarraga Delgado, who joins from
Spain's Banco Bilbao Vizcaya Argentaria SA.
"These hires underscore Julius Baer's long-term commitment to
the region Americas," the Swiss bank's Head of Americas Beatriz
Sanchez said in a statement on Tuesday.
"We will continue to invest in the region in order to support
business growth in our designated markets and key client segments,"
Ms. Sanchez said.
The new team will be based in Zurich and will join the bank in
February. Mr. Frischknecht will report to Andrea Cuomo, sub-region
head for Hispanic America.
Write to Pietro Lombardi at pietro.lombardi@wsj.com;
@pietrolombard10
(END) Dow Jones Newswires
January 19, 2021 09:23 ET (14:23 GMT)
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