Jefferies made a major M&A hire from Credit Suisse.
The independent investment bank recruited Chris Cottrell, Credit Suisse's global head of entertainment according to Cottrell's LinkedIn profile. The profile says Cottrell joined this month, although his FINRA registration suggests he's still officially at Credit Suisse.
Cottrell spent 10 years at the Swiss bank, first as head of Media EMEA and latterly as global head of entertainment in New York.
He previously worked for UBS and Lehman Brothers.
Jefferies has been making senior strategic hires throughout the pandemic: in September it hired Tim Scanlon from SocGen for equity derivative sales; in July it hired Zach Tuckwell, a former Morgan Stanley MD, for equity derivative trading in Hong Kong; in April it hired Jerome Delahaye from Deutsche to manage equities sales in Paris.
Speaking at the time of Jefferies' third quarter results in September, CEO Rich Handler said the bank was "growing market share with a limited increase in headcount," and that the fourth quarter backlog of advisory activity was, "robust across all products."
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