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June 24, 2017

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RBS poaches key Credit Suisse banker Stevenson as finance chief

LONDON--Britain's state-rescued Royal Bank of Scotland revealed Friday it has poached Credit Suisse banker Ewen Stevenson, a key advisor in the group's vast bailout, to be chief financial officer.

RBS said in a statement that Stevenson, who is currently Credit Suisse's London-based co-head of investment banking for Europe, Middle East and Africa, will join on May 19.

Stevenson, 47, was a senior member of the Credit Suisse team advising the British government in 2008 and 2009 on the recapitalisations of both RBS and Lloyds Banking Group.

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