Credit Suisse is reorganizing its private banking division, Bloomberg reports. The lender has appointed Christoph Brunner to replace Hanspeter Kurzmeyer as head of private clients in Switzerland.

Rolf Boegli will take charge of Brunner’s present role as COO for private banking. Arthur Vayloyan has been named head of private banking for Switzerland, with Nicole Pauli replacing him at the bank’s investment services and products division.

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