Was this ex-head of equities at Credit Suisse too confident about his job prospects?
It would be difficult to be much more upbeat about leaving your job of six years at the top of a major investment bank than Matt De Salvo, the ex-head of U.S. equities sales and trading at Credit Suisse.
When 53 year-old De Salvo left Credit Suisse in March 2012, he sounded irrepressibly confident and assured that he would find a new one soon. “I’m a manager, I’m a leader, and if somebody wants to end up being in the top tier and can use me, I’m sure something will come together,” he told Bloomberg. “I’m already getting calls.”
In the event, it was ten months before De Salvo moved into a new role at brokerage firm CRT Capital. And last month he moved on again. Life may be harder outside big banks than it seems.
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