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Credit Suisse taps Deutsche Bank alum as head of US par loan trading

Zurich-based Credit Suisse Group AG named Michael Eilert head of U.S. par loan trading, effective in April, Reuters reported Jan. 18, citing a memo from Daniel McCarthy, the bank's head of U.S. leveraged finance trading.

Eilert previously served as head of U.S. par loan trading at Frankfurt-based Deutsche Bank AG. He will assume the position from Brad Capadona, who was originally named to the post but left to become managing director in loan trading at New York-based Jefferies Group LLC, the news outlet reported.