Credit Suisse has hired senior executives to lead its new investment banking advisory businesses in Britain and France, reported Reuters.

Oliver Tucker was appointed as the head of Swiss investment giant’s Investment Banking Advisory in Britain, while Philippe Guez was hired for a similar role in France, a spokesperson told the news agency.

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Tucker and Guez will work under Investment Banking Advisory European co-head Vincenzo De Falco and Stefan Gratzer.

Tucker, who joined Credit Suisse this week, most recently served as a managing director in the UK investment banking team of Nomura.

Guez, who was appointed by the bank earlier this month, joined from Atlas Financial Solutions. He worked as a partner for Atlas’ independent M&A advisory.

The appointment follows a restructuring announced by Credit Suisse in last November, as part of which the bank decided to wind up its scandal hit prime brokerage business.

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The bank at the time had said it intends to scale up its resources within the investment bank on advisory services for the affluent clients of its wealth management unit.

Credit Suisse launched its investment banking advisory business in 2020 to advise and execute smaller deals than those typically handled by an investment bank.

Recent appointments

Last week, Credit Suisse named Joseph Wolf as CEO of Credit Suisse Financial Services in Israel. The same week, the bank also hired Pablo Carrasco as head of Wealth Management Iberia.

Last month, former AMP CEO Francesco De Ferrari was poached by the Swiss giant to oversee its wealth management division.

It also named its investment banking chief Christian Meissner as the new CEO of the Americas region and hired Helman Sitohang and André Helfenstein as CEOs of the APAC and Switzerland regions, respectively.