The Swiss bank has handed the role of global head of mergers and acquisitions to Scott Lindsay, a veteran who has worked on $30bn of deals for the bank and was part of the team that generated the biggest advisory fees in global M&A last year.

Yesterday Credit Suisse said that Lindsay will take on his new role on June 1. He will replace Boon Sim, who is joining Temasek, the fund which manages assets on behalf of the Singapore government.