In another sign of CSFB's renaissance under Asian boss Paul Calello, the bank has hired one of Morgan Stanley's most senior bankers and an acknowledged China hand.
Carlos Oyarbide will touch down in Asia in June as a managing director and head of FIG financial institutions group. Oyarbide's FIG role will include Australia, although he will be based in Hong Kong. Michael Tan will report to him and continue to head FIG for non-Japan, non-Australia Asia.
Oyarbide was one of the three most senior bankers at Morgan Stanley in arguably one of its most successful periods in Asia between 1999 and 2001. He ran corporate finance and did the...