Credit Suisse has lost its China market group head after joining more than a decade ago, sources have told finews.asia.

Alex Ng, market group head for China, exits Credit Suisse after joining the bank in 2008 from UBS. An unnamed source told finews.asia that Ng's departure also includes a group of bankers although the list could not be fully confirmed.

A Credit Suisse spokesperson declined to comment on the matter.

Ng joined the bank as its China market head of private banking in 2008 after moving from UBS where he was a China country team head since 2005.