Philip Cutts, the chief executive of Credit Suisse’s private banking arm in the UK, is set to leave the firm on 1 July 2014.
However, Cutts will remain as a senior advisor at the firm, Fundweb has reported.
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Cutts joined Credit Suisse in 2011 from Royal Bank of Canada, where he worked for 25 years.
On an interim basis, Credit Suisse UK chairman Erich Pfister will assume the responsibilities of Cutts.
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