Credit Suisse Appoints Nacho Moreno as Head of Investment Banking in Spain and Portugal

Credit Suisse has hired a senior Barclays dealmaker to lead its investment banking business in Spain and Portugal, in a bid to strengthen its presence in a region where activity surged last year.

Nacho Moreno, who was in charge of the investment banking franchise in Iberia at Barclays, will become Credit Suisse's head of investment banking and capital markets for the region.

Moreno will take on the new role in late summer, replacing Wences Bunge who will continue as Credit Suisse chief executive for Spain and Portugal while also running the Swiss bank's real estate group as global chairman.

Moreno will report to Jens Haas and Giuseppe Monarchi who co-head the bank's coverage across Europe, the Middle East and Africa. He will work closely with Iberia M&A head Rafael Abati as well as Israel Fernandez del Sol who joined Credit Suisse last year as co-head of its EMEA financial institutions group.

Source: Reuters