The team includes three private wealth advisors: Richard Zinman, managing director; Anthony Dertouzos, managing director; and John Moreno, executive director.

They report to Nelson Gaertner, Park Avenue complex manager, and advise on more than $5 billion in assets.

Zinman joined Credit Suisse in 2008, having previously worked at Smith Barney from 2001 to 2008 and Bank of America before that.

Dertouzos has worked with Zinman since 1999. Moreno joined Smith Barney in 2006 and left in 2008 with Zinman and Dertouzos to join Credit Suisse.

The move is the biggest involving a Credit Suisse advisor or team since the Swiss-based bank said in October it would wind down its US private bank and had signed an exclusive recruiting arrangement with Wells Fargo, the Wall Street Journal reported.