Head of Credit Suisse China securities JV steps down

ZURICH – The top of Credit score Suisse’s securities three way partnership in China, Tim Tu, has stepped right down to pursue different alternatives throughout the Swiss financial institution, a spokeswoman mentioned.

Daniel Qiu has been appointed interim CEO of the CSSCL enterprise, efficient instantly. He assumes the function alongside his current obligations as Head of Funding Banking & Capital Markets (IBCM) at CSSCL.

Tu was appointed CEO of CSSCL in July 2020 after Credit score Suisse obtained a majority stake within the three way partnership.

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