Credit Suisse is continuing to lose senior bankers to competitors in the wake of missteps including a $5.5bn loss tied to the meltdown of Archegos Capital Management.

Several investment bankers in the US gave their notice in the past week, while others are considering leaving, people familiar with the matter said.

Bankers recently heading for the exits include: Eric Federman, who was a co-head of the media and telecom team and is joining Barclays; Spyros Svoronos, who was a co-head of the global industrials team in the Americas specialising in chemicals and agricultural companies and is joining Lazard; Brian McCabe, who was head of global energy and is joining JPMorgan Chase; and Brad David, who works with private equity firms and is joining Evercore.

This article was published by Dow Jones Newswires

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