Credit Suisse Entrusts Big Hedge Fund Relations To Sherman

Credit Suisse has hired a prime brokerage veteran to help bolster its relationships with its biggest hedge fund clients.

Neil Sherman was named a managing director on the Swiss bank's key account management team, Dow Jones Newswires reports. Sherman joins from JPMorgan Chase, where he headed global sales organization at its prime brokerage.

Sherman joined JPMorgan in 2006 from Lehman Brothers, where he also worked in prime brokerage.