Credit Suisse Said to Name Rubio as Head of South Europe Banks
Sept. 16 (Bloomberg) — Credit Suisse Group AG named Armando Rubio to oversee coverage of southern European banking clients, a new position, according to a person familiar with the appointment.
Rubio joined Credit Suisse in 2000 and led the financial institutions group in Iberia, based in Madrid. In the new position, Rubio will add to his responsibilities working with banking clients in Italy, Greece, Cyprus and Poland, said the person, who asked not to be identified because the information is private.
This year Rubio worked on Banco Santander SA’s sale of 1.5 billion euros ($2 billion) of convertible bonds, Banco Comercial Portuges SA’s capital increase and Merlin Properties Socimi SA’s initial public offering, said the person.
Credit Suisse this year ranks eighth among stock sale underwriters in Europe, Middle East and Africa, unchanged from 2013, and eighth among merger advisers in the region, up from 13th in 2013, data compiled by Bloomberg show.
Credit Suisse Chief Financial Officer David Mathers on Sept. 9 said the lender earned more revenue from its investment bank in July and August than in the same months a year earlier and that the “pipeline of transactions remains strong.”
To contact the reporter on this story: Macarena Munoz in Madrid at mmunoz39@bloomberg.net To contact the editors responsible for this story: Elisa Martinuzzi at emartinuzzi@bloomberg.net Jon Menon
