At least five high-profile Credit Suisse executives are leaving the company, UBS said in a memo Monday — the day UBS’s acquisition of the smaller Swiss bank closed.
Credit Suisse’s CFO, Dixit Joshi, is out, along with the bank’s investment-banking co-head, David Miller; its general counsel, Markus Diethelm; co-head of markets, Ken Pang; and Edwin Low, head of the Asia-Pacific region, UBS said in the memo seen by Bloomberg and the Financial Times.