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Credit Suisse Hires Chris Conoscenti From JPMorgan, Memo Says

April 25 (Bloomberg) — Credit Suisse Group AG has named Christopher Conoscenti a managing director in its oil and gas group, as the investment bank builds up its energy team in the Americas, according to a memo obtained by Bloomberg News.

Conoscenti, who was previously at JPMorgan Chase & Co., will join Credit Suisse’s Houston office in July reporting to Tim Perry and Brian McCabe, co-heads its oil and gas team for the Americas, according to the memo.

A Credit Suisse spokesman confirmed the contents of the memo.

Conoscenti, who focuses on mergers involving U.S. exploration companies, first joined JPMorgan in 2001, according to the Financial Industry Regulatory Authority. He helped advise Concho Resources Inc. on its purchase of Three Rivers Operating Co.’s oil and gas assets in 2012, according to data compiled by Bloomberg.

Credit Suisse in December hired McCabe, a pipeline merger specialist, from Morgan Stanley to help run its Americas oil and gas group.

To contact the reporter on this story: Matthew Monks in New York at mmonks1@bloomberg.net To contact the editors responsible for this story: Mohammed Hadi at mhadi1@bloomberg.net

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SWI swissinfo.ch - a branch of Swiss Broadcasting Corporation SRG SSR