Credit Suisse appoints Philippines coverage head

Credit Suisse has appointed a new head of Philippines coverage, replacing former co-heads Chiqui Huang and Johnny Escaler, who have left the bank. 

Michael de Guzman joins the Swiss bank from Macquarie Group where he spent 17 years in different roles, most recently as head of Macquarie Capital Philippines. 

In his new Manila-based role, de Guzman reports to the bank's co-heads of South East Asia investment banking and capital markets IBCM, Pankaj Goel and Rizal Gozali. 

At Macquarie, de Guzman advised on a number of deals including SM Prime's $8 billion real estate restructuring and $400 million equity deal, plus...