Mindy Diamond Quoted
By Hugh Son and Dakin Campbell
Wells Fargo & Co. has made it easy for Credit Suisse Group AG private bankers to join the San Francisco-based lender. Leaving, however, is another story.
One of the few advantages of a lengthier deal would be that bonus payments are spread over a longer period, lowering advisers’ taxes in any given year, said Mindy Diamond, president of Diamond Consultants LLC, a Morristown, New Jersey-based executive-search firm.