Credit Suisse was a pretty good bank, until the moment it wasn’t. Its rivals respected it, and when it did collapse, they hired its bankers. Some of those rivals are building entire new teams on a Credit Suisse pedigree, such as Santander’s new energy team, based in Houston.
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Santander’s new Houston energy team will be headed by newly hired Matt Rollins. An investment banker by trade, Rollins has spent the last two years as a managing director focused specifically on deals involving “low carbon molecules” at Nomura Greentech, the Japanese bank’s sustainable technology and infrastructure team/subsidiary. Rollins joined Nomura from Credit Suisse in 2022, where he was a director in its midstream & low carbon fuels team.
Nomura’s Greentech team has evolved since Nomura acquired it in 2019. Greentech was previously a 70-person boutique. Nomura gave it general operating independence but its founder, Jeff McDermott, left in 2023. “Green” issues are not popular with the Trump administration, although Rollins’ skillset is in natural gas deals.
Link: https://www.efinancialcareers.com/news/santander-houston