Ex-Citadel I-Banking Chief Stine Joins Credit Suisse

Aug 2 2011 | 11:23am ET

Former Citadel Investment Group investment banking co-chief Craig Stine has returned to the banking world two months after quitting the hedge fund giant.

Stine has been named a vice chairman at Credit Suisse Group's financial institutions group. He joins the bank just a month after his former colleague at Citadel, Timothy Devine, joined himself.

Stine and Devine also worked together at Citigroup, where Stine spent 17 years before joining Citadel in 2009. Stine resigned from Citadel in May, becoming the third head of the i-banking unit to leave since its launch.

"Craig is broadly recognized as one of the most senior global bankers in the specialty finance sector," James Amine, co-head of investment banking at Credit Suisse, wrote in an internal memo.


In Depth

Q&A: Star Mountain's Brett Hickey On Investing In 'The Growth Engine Of America'

Sep 22 2017 | 5:06pm ET

Lower middle-market companies form the economic fabric of the nation, but they can...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Don’t Overlook These 6 Hybrid Cloud Concerns

Sep 14 2017 | 6:27pm ET

Cloud-based technology solutions have made tremendous inroads into the alternative...

 

From the current issue of

Business Insider has been reporting on the unusual trading activity of a mystery trader who placed a profitable short equity bet to the tune of $21 million on the Aug. 10 move in the CBOE Volatility Index (VIX).