Wells Fargo Company and Credit Suisse have signed an exclusive recruiting arrangement under which relationship managers and their clients in Credit Suisse’s US Domestic Private Banking business can move to Wells Fargo Advisors, the brokerage unit of Wells Fargo, by early 2016.

The two companies will strategically strengthen their relationship by making more Credit Suisse investment-banking and asset-management products available to Wells Fargo distribution network.

Wells Fargo wealth and investment management head David Carroll said: "We look forward to welcoming U.S. Private Banking relationship managers from Credit Suisse and are committed to strengthening their relationships with their clients."

Credit Suisse head of private banking & wealth management and CEO of the Americas region Rob Shafir said: "Credit Suisse remains committed to continuing to provide ultra-high-net-worth U.S. clients with a strong investment banking and asset management institutional offering."

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.