April 14, 2014 / 9:18 PM / 3 years ago

Credit Suisse poaches Lazard banker to head Americas financial services

The logo of Swiss bank Credit Suisse is seen at an office building in Zurich October 24, 2013.Arnd Wiegmann

(Reuters) - Credit Suisse AG MLPN.P has hired Jim Spencer from Lazard Ltd (LAZ.N) as head of financial institutions investment banking for the Americas, according to an internal memo seen by Reuters on Monday.

Spencer will join Credit Suisse in October as a managing director based in New York. He replaces Craig Stine, who will become the executive vice chairman of Global FIG.

At Lazard, Spencer headed its U.S. banks advisory practice. He has advised national and super-regional banks, government agencies and financial services companies in the United States, Europe and Asia, according to the memo. A Credit Suisse spokesman confirmed the contents of the memo.

Reporting by Mike Stone. Editing by Andre Grenon

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