Credit Suisse merges Asia-Pac fixed income, equity units

Hong Kong

CREDIT Suisse has decided to combine its fixed income and equities businesses in the Asia-Pacific region and the investment bank has named Ali Naqvi as head of the combined unit, according to an internal memo seen by Reuters on Tuesday.

Mr Naqvi, who currently heads the equities business for the Swiss bank in the region, will take up his new role effective on Tuesday and report to Credit Suisse Asia Pacific chief executive Helman Sitohang, the memo said.