Credit Suisse Appoint New UK Private Banking Head

Contributing Editor

7 June 2005

Credit Suisse has appointed Charles Egerton-Warburton as head of its onshore private banking business in the UK. He will report to Jeremy Marshall, chief executive of Credit Suisse UK. Mr Egerton-Warburton joins from Credit Suisse First Boston, where he was a senior member of the regional management and oversight group, the bank’s corporate governance grouping. He replaces Philip Crawford, who held the position as a temporary measure after the departure of Mark Hassett, who left the bank last year to join SG Hambros, before leaving there. “The hire of Mr Egerton-Warburton will help us build up a substantial onshore business in the UK—an area we are increasingly concentrating on,” Mr Marshall told WealthBriefing yesterday. He added: “We hope to be adding additional staff in the onshore area very soon. We also have plans for new product launches in this area. The plan is to grow the onshore business in the UK a lot bigger than it is today.” The bank said in a statement: “This new appointment strengthens Credit Suisse’s onshore private banking team and signals a clear commitment to grow the UK onshore business by drawing on the ‘One Bank’ strengths of Credit Suisse Group.”