We may be late into the fourth quarter of the year, but one of Credit Suisse's top London sales traders has just handed in his resignation - apparently for Bank of America.
Credit Suisse insiders say that Jamie Knowles, a London equities sales trader working with hedge fund clients resigned to join Bofa.
Credit Suisse declined to comment and BofA and Knowles did not respond to our request for information.
Knowles began working for Credit Suisse in September 2009 according to the UK's Financial Conduct Authority (FCA) Register. He previously spent three years working for J.P. Morgan.
Credit Suisse has lost several members of its equities team to Macquarie this year. The Swiss bank is also at risk of losing staff to Stephen Dainton, global head of equities at Barclays. Dainton spent most of his career at Credit Suisse and has also shown himself willing to poach ex-colleagues as he builds his team at the British bank.
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