DCM Banker Returns to CS

Michael Cummings has rejoined Credit Suisse, where he becomes head of Latin America debt capital markets, according to a source familiar with the matter. The banker had left the Swiss shop last year to join UBS, working on debt and equity. Cummings fills the void left by former head Michael Schoen, who left CS late last year to join Scotia, along with Marc Chouchani. Cummings reports to global DCM head Thomas Mercein. His previous phase at CS lasted eight years.