Credit Suisse has further strengthened its Investment Banking and Capital Markets (IBCM) team in China by hiring Patrick No as head of the division’s Financial Sponsors Coverage.
No’s appointment comes just a week after the Swiss bank made three senior appointments for its IBCM division in China to beef up its onshore coverage capabilities.
No was executive director at JP Morgan Investment Banking – Financial Sponsors Group (Emerging Asia) since 2013 in Hong Kong.
In his new role with Credit Suisse in Hong Kong, No will report to Mervyn Chow and Edwin Low.
He first joined JP Morgan in 2006 as an associate and held various positions including senior associate, vice president of Investment Banking – Financial Sponsors Group, and lastly executive director.
Prior to joining JP Morgan, No worked as manager at National Australia Bank. He was also a former analyst at UBS Investment Bank.
He earned his Law and Commerce, Finance degrees at University of Melbourne.
Credit Suisse announced last July 12 the appointments of three new directors, namely Li Ping, Summer Xia, and Ma Jie for its IBCM division in China.
As managing director, Li will lead a team of Shanghai-based IBCM coverage bankers, while Xia took on the role of both managing director and chief Beijing representative in IBCM, Asia Pacific.
Both Li and Jie joined Credit Suisse from Deutsche Bank, while Xia was a managing director in the investment banking division of China International Capital Corp.