Credit Suisse announces James Amine to step down as CEO of Investment Banking and Capital Markets - FinanceFeeds

Credit Suisse announces James Amine to step down as CEO of Investment Banking and Capital Markets

Maria Nikolova

David Miller is appointed CEO of Investment Banking & Capital Markets.

Credit Suisse has earlier today announced some top management changes.

James Amine

James L. Amine will step down from his role of CEO of Investment Banking & Capital Markets (IBCM) and from the Group Executive Board, after more than 10 years in this position. He will assume a newly created role as head of Private Credit Opportunities, based in New York. In his new role, Jim Amine will report to Eric Varvel.

Throughout his 22-year tenure at Credit Suisse, Mr Amine has built a track record of success, shaping and leveraging Credit Suisse’s Investment Banking franchise over that period, most recently in his capacity as CEO of IBCM, since 2015.

David Miller is appointed CEO of Investment Banking & Capital Markets (IBCM) and will join the Group Executive Board.

David Miller draws on 22 years of experience at the firm. In his most recent role at the Bank, he was Global Head of Credit, Head of Global Credit Products and a member of the Global Markets Management Committee. Prior to this, he was Global Head of Leveraged Finance Capital Markets and US Co-Head of the Syndicated Loan Group. He also served as Co-Head Global Markets Americas and Co-Head Fixed Income Americas Operating Committees and has occupied a number of senior roles across origination and banking during his career.

Also today, Credit Suisse announces the appointment of Eric Varvel as Chairman of IBCM, in addition to his existing responsibilities as CEO Asset Management and President and CEO Credit Suisse Holdings (USA), Inc.

During his career at the Bank, Eric Varvel has been a member of the Group Executive Board, CEO Investment Banking Division, CEO Asia Pacific, CEO Europe, Middle East and Africa and Chairman Middle East, Asia and Sovereign Wealth Funds.

Harold Bogle, who was until now Chairman of IBCM will become Vice-Chairman, Group Executive Office.

Harold Bogle joined the bank in 1981 and has led a number of Credit Suisse’s key product groups in Investment Banking over that time, including as Global Head of Financial Sponsor coverage and Co-Head Equity capital Markets-Europe. In his current role, he is a core member of the Operating Committee of the Investment Banking and Capital Markets division. Harold Bogle is Chair of the US Investment Banking Committee – Financing, and recently added leadership of the Leveraged Lending Remediation Program and the UHNW Group in IBCM to his responsibilities.

Read this next

Industry News

Cboe boosts its incentives

A focus on market quality meant that the Cboe BZX exchange was able to capture 36% of all new ETP launches in the US in 2020

Industry News

European ETFs enjoy a trading boom

For Europe as a whole ETF turnover rose by an average of 46% in 2020 to stand at just under €683 billion, or $828 billion

Industry News

Virtu launches big data tools for the buyside

Leveraging existing data science capabilities is a clever retention tool, particularly if that data analysis can show your customers that you are doing a good job

Inside View

Beep beep. Why are FX brokers still using legacy technology? We all need to move on

FX, CFD and listed derivatives brokers need to take heed of how to engage brokers properly. We look inside the developments that are vital to the growth and future sustainability of brokers, and why legacy opinion and sitting on the fence will not work out. Here is the solution.

Industry News

OANDA adds new cross-border payment solution for companies in North America

The partnership combines OANDA’s deep-seated expertise in foreign exchange with Currencycloud’s best-of-breed payment technology and Shift Connect’s world-class customer support to offer a simple-to-use, reliable international money transfer solution for businesses, large or small.

Inside View

Inside view on endless crippling regulation in FX. Surely MiFID was enough?

It still looks as though the whole regulatory obsession with spot FX may be driven by the exchange lobby, hence if you can’t beat them join them – the only thing is of course that if most FX brokers brought their skill and tenacity to the multi asset market, they certainly would beat the exchanges hands down.

Industry News

FXOpen announces the launch of the ForexCup Trading Championship 2021

Global FX and CFD broker FXOpen has today announced they are offering traders the opportunity to compete with the best, to win 50,000 USD, with the launch of the ForexCup Trading Championship 2021.

Industry News

Citadel Securities dominates European FX, and is one of the most profitable businesses in the world

Non bank market makers are absolutely dominating the growth of FX order flow execution. Citadel Securities is now the largest internalizer in Europe by market share, a battle it is winning against Tier 1 banks alongside global leader XTX Markets. It is good to see the OTC sector holding its own.

Industry News

Playtech confirms it has been approached over the sale of Finalto

Finalto was described by the company as Playtech’s outstanding performer in H1 2020