Credit Suisse CLO Bankers Leave for US Investment Bank Baird

  • CLO trader Daniel Bates, exec. director James Gray are moving
  • Switch to Baird follows recent move by MD Jeremy Duksin
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Two more credit bankers have left Credit Suisse Group AG in the last two weeks and are both set to join Robert W Baird & Co Inc., according to a person familiar with the matter.

James Gray, an executive director responsible for structured finance sales, and Daniel Bates, a trader in collateralized loan obligations, are joining Baird’s fixed income capital markets group, said the person, who asked not to be named as the information was private.