Credit Suisse Names De Ferrari as Wealth Head in Shake

Credit Suisse Group AG named Francesco De Ferrari to head its global wealth business and appointed new heads for the Americas and Switzerland, as the bank reorganizes after one of its most difficult years since the financial crisis.

De Ferrari will join the Executive Board effective Jan. 1 and report to group Chief Executive Officer Thomas Gottstein. He’s also taking over as head of the EMEA region on an interim basis, while Credit Suisse appointed investment bank chief Christian Meissner to run the Americas and Swiss bank head Andre Helfenstein to oversee the domestic market.