People News - C Suisse, UBS, SocGen

Credit Suisse has hired Paul Galietto as head of Americas equities trading, according to an internal memo seen by Reuters, in a move to further boost its stock business.

Reuters reports that Galietto most recently was the chief of equities Americas at UBS and before that he worked more than 20 years at Merrill Lynch.

Credit Suisse has made a number of senior hires this year in its stock trading unit under new equities head Mike Stewart.

In the meantime, the news agency also reports that David Morin, the head of leveraged loan trading for the Americas at Societe Generale, has left the bank, according to sources.

Morin joined Societe Generale in 2010, according to FINRA BrokerCheck.

Credit Suisse names Galietto to head U.S. stock trading

Soc Gen’s head of loan trading Morin departs

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