Crédit Suisse Stages Coup On RepNat Hiring 10-Strong Team In New York

BANKS

Crédit Suisse in New York hired a ten-strong team of traders and sales dealers from Republic National Bank of New York last week, confirms Moez Jamal, treasurer of CS North America sales and trading. Not only is the size of the team a surprise to the market, but the timing of the year-end acquisition is also considered highly unusual, sources say.

The team joining CS includes both RepNat's FX trading and sales desk heads, as well as its chief dealer, among others. Steven Peras, formerly RepNat's

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