Johnson and Wood lead CLSA march to Jefferies

The exodus of staff from CLSA is gathering pace.

Following the departure of the CEO and chairman from CLSA in recent months, now a China research team has gone to Credit Suisse and as many as 27 staff to Jefferies.

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Chris Wood

Among them is Brian Johnson, the scourge of Australian banks for many years now. A plain speaker even by Australian standards, Johnson had been CLSA’s star analyst in Australia for 11 years, and was highly rated at JPMorgan before that.

Another is Chris Wood, author of the much-loved weekly report Greed & Fear, which he launched in 1996.

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