Credit Suisse loses equity syndicate banker

Kelvin Leung, an equity syndicate banker at Credit Suisse, has left the bank after nine years.

Leung said he was leaving the job for personal reasons when contacted by FinanceAsia, but declined to comment further.

He was a director in Credit Suisse’s equity syndicate team in Asia-ex-Japan, or 'non-Japan Asia' as the Swiss bank officially refers to the region. He joined Credit Suisse in 2007 and has been with the team since then.

Leung’s focus at Credit Suisse was on North Asian deals. He was involved in the syndication of a number of high-profile equity deals, including Alibaba’s $25 billion US IPO and China Cinda Asset Management’s $2.5 billion Hong Kong IPO.

Before joining Credit Suisse, Leung spent about three years in Rothschild’s equity capital markets team, working at the firm between 2004 and 2007.

His departure means the four-strong equity syndicate team has lost its 'number two', the second most senior banker in the team behind syndicate head Tucker Highfield.

Credit Suisse has made a number of senior appointments since late last year. They include the promotion of Johnson Chui to head of equity capital markets for Asia Pacific, as well as Cheun Hon Ho as head of ECM in Southeast Asia.