Wells Fargo hires long-time Credit Suisse banker Jill Ford to lead equity capital market unit

Wells Fargo & Co.
WFC,
-0.38%
on Tuesday named Credit Suisse veteran banker Jill Ford as head of equity capital markets in its Corporate & Investment Bank (CIB), reporting to Tim O’Hara, head of banking. Ford will work out of the bank’s New York City office after 30 years of investment banking experience, including most recently as co-head of Equity Capital Markets Americas at Credit Suisse. Ford was also co-chair of the equity valuation committee at Credit Suisse. Earlier this year, UBS Group AG 
UBS,
+0.75%
acquired Credit Suisse in a $3.2 billion rescue deal and then announced plans to lay off 35,000 people.