Deals & People June 2, 2008

Team of Relationship Managers Jumps from Citigroup to Credit Suisse

Credit Suisse announced that the team of relationship managers led by Managing Directors Richard S. Zinman and Anthony A. Dertouzos has joined the New York office of Private Banking USA.
Reported by

The seven-person team, which comes to Credit Suisse from Citigroup Global Wealth Management, will report to Matthew Gorman, head of the New York office.

The Zinman/Dertouzos team’s business is composed of four areas: risk management, trust and estate and transfer planning, asset management, and customized lending.

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Zinman and Dertouzos joined Citigroup in 2001, both previously part of a team in the Private Client Services group at Banc of America Securities.

“This team is widely recognized in the industry for their exceptional ability to serve the complex needs of high-net worth and ultra-high-net-worth individuals. We are very excited to have them join our Credit Suisse team,’ said Anthony DeChellis, head of Private Banking Americas.

Credit Suisse Private Banking USA operates out of 16 offices across the United States and works with a select number of wealthy individuals and family groups to provide a high degree of personalized service.

Deals & People June 2, 2008

Pioneer Appoints New Head of U.S. Retail Distribution

Joseph Kringdon has been named executive vice president and head of U.S. retail distribution at Pioneer Investments.
Reported by

Kringdon, reporting to Daniel Kingsbury, president and CEO of Pioneer Investment Management USA Inc., will be responsible for managing Pioneer’s U.S. sales team, including key distributor relationships with financial advisers and broker/dealers.

He comes to Pioneer Investments from Putnam Investments, where he had been since 1999. He was a managing director and most recently regional director of sales in the East. Before that he served as national broker channel director.

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“Joe brings proven results and leadership to the Pioneer sales team,’ said Kingsbury. “He is a well respected manager, and his many years of experience as a branch manager, sales manager and financial adviser give him valuable insights into the needs of our sales partners.’

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