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.
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