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Credit Suisse has named Christopher Conoscenti a managing director in its oil and gas group, as the investment bank builds up its energy team in the Americas, according to a memo obtained by Bloomberg News.

Conoscenti, who was previously at JPMorgan Chase & Co., will join Credit Suisse’s Houston office in July reporting to Tim Perry and Brian McCabe, co-heads its oil and gas team for the Americas, according to the memo.

Credit Suisse Hires Chris Conoscenti From JPMorgan, Memo Says

In the meantime, Reuters reports that JPMorgan's global chairman of investment banking and veteran deal maker James Elliott will retire in June, according to an internal memo seen by the news agency.

Elliott, who has worked on several prominent deals during his 35-year career, will leave the firm to spend more time on his ranch in Texas, Jeff Urwin, JPMorgan's co-head of global banking wrote in the memo obtained from JPMorgan by Reuters.

Senior JPMorgan deal maker Elliott to retire in June

Finally, Bloomberg also reports that UBS is hiring HSBC’s William Barter as co-head of its U.K. and Ireland corporate client solutions unit.

He will jointly run the division, which excludes trading businesses, with David James, UBS said in a memo to staff obtained by Bloomberg and confirmed by a spokesman in London.

HSBC said in a memo this week that Barter is leaving the bank after a year as co-head of U.K. banking within its securities unit, and named Natalie Blyth and Alan Thomas as co-heads to replace him.

UBS Hires HSBC’s Barter as Co-Head, U.K. Investment Bank


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