Credit Suisse has hired former BNP Paribas banker Shu Duan as director in its debt capital markets team, strengthening its coverage for clients in Greater China region.
Duan is based in Hong Kong and reports to Michael Lam, head of Greater China debt capital markets, a source told FinanceAsia this week.
Duan spent about four years with BNP Paribas in Hong Kong, where he gained experience in origination and execution of different debt securities, including investment-grade, high-yield and mezzanine bonds.
Between 2010 and 2013, he was an associate director at Standard Chartered, covering leveraged finance and high-yield transactions across North Asia, according to his LinkedIn profile.
Prior to that, he was an analyst with Deutsche Bank’s global principal finance team, responsible for pre-IPO and mezzanine debt financing for private companies in Greater China.
Duan’s strength and experience in the high-yield and complex transactions would match Credit Suisse’ edge in the regional G3 bond market. The Swiss bank is ranked top in the high-yield league table, raising nearly $4 billion for regional clients in Asia, according to Dealogic.
A Hong Kong-based spokewoman for Credit Suisse declined to provide further information regarding the new hire.
