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Bloomberg
Credit Suisse Group AG has hired investment banker Jerry Wiant from Lazard Ltd, where he had a two-year stint as a managing director focused on banking institutions.
Wiant will join Credit Suisse’s global financial institutions later this summer as a managing director and head of Americas banks, according to an internal memo obtained by Bloomberg.
He joined Lazard in 2017 from Royal Bank of Canada, where he had been co-head of US financial institutions.
“Over his career, Jerry has originated and advised clients on numerous domestic and cross-border M&A transactions with aggregate deal value of over $100 billion,” Alejandro Przygoda, Credit Suisse’s global head of financial institutions, said.
A representative for the Zurich-based bank confirmed the contents of the memo. A representative for Lazard declined to comment.
The hire comes as investment banks look to add financial institutions dealmakers in anticipation of heavy consolidation among banks, insurers and asset managers.
BB&T Corp agreed to buy SunTrust Banks Inc for $28 billion in February in the largest bank merger in more than a decade.
Last year, Credit Suisse hired financial technology banker Mathieu Salas from Citigroup Inc.