Silverman Out At Credit Suisse Prime Consultancy

Jul 28 2011 | 11:16am ET

A top executive at Credit Suisse's prime brokerage has been laid off.

Ilicia Silverman, vice president of the firm's prime consulting business, has left the firm. According to HFMWeek, her exit is believed to be a redundancy. Credit Suisse today announced plans to axe a further 600 jobs, bringing to about 2,000 the total number of job cuts at the Swiss bank this year.

Silverman had worked in the role since 2007. She joined Credit Suisse from software and information technology company SunGard.

Silverman's post-Credit Suisse plans are unclear.


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Often seen as a passion project, or part of a philanthropic venture, rare and fine stringed instruments offer an exciting option to diversify one’s investment portfolio while providing an opportunity for an exceptional long-term investment.