J.P. Morgan Securities recruited an advisor managing $200 million in client assets from Credit Suisse, a spokeswoman confirms.

The move comes after Credit Suisse recently struck a deal with Wells Fargo Advisors, permitting the wirehouse to recruit away advisors at the Swiss firm's U.S. private client unit. Credit Suisse is in the midst of a major restructuring under new CEO Tidjane Thiam.

Register or login for access to this item and much more

All On Wall Street content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access