The Pak Banker - - FRONT PAGE -

Credit Suisse has moved the head of its Mid­dle East pri­vate bank­ing eq­uity re­search di­vi­sion to Geneva, two sources said, the latest Euro­pean bank to scale back re­search roles in the re­gion.

Kam­ran Butt will sup­port pri­vate bank­ing sales in Switzer­land with mar­ket re­search af­ter spend­ing six years in Dubai, two peo­ple fa­mil­iar with the mat­ter said.

"Other an­a­lysts from out­side the Mid­dle East will be cov­er­ing the lo­cal mar­ket here," one source, who spoke on con­di­tion of anonymity be­cause the mat­ter is not public, said.

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