Credit Suisse economist Zoltan Pozsar leaves the bank – WSJ

This post was originally published on this site

https://i-invdn-com.investing.com/trkd-images/LYNXMPEJ470NL_L.jpg

Pozsar left Credit Suisse in recent months, according to the report, which cited a person familiar with the matter.

He worked at the Federal Reserve Bank of New York and the U.S. Treasury before joining Credit Suisse in 2015, where he was Credit Suisse’s global head of short-term interest-rate strategy, the Wall Street Journal said.

Credit Suisse declined to comment.

UBS in March agreed to buy Swiss bank Credit Suisse for 3 billion Swiss francs ($3.23 billion) in stock and agreed to assume up to 5 billion francs ($5.4 billion) in losses, in a shotgun merger engineered by Swiss authorities.