(Bloomberg) -- Firms are fighting over Credit Suisse advisors in the wake of Wells Fargo's recruitment deal with the Swiss lender, a top bank executive said.

“There’s a little bit of a feeding frenzy for some of the higher-end producers," David Carroll, head of Wells Fargo’s wealth- and investment-management division said. Carroll said 211 of Credit Suisse’s roughly 270 advisors already have been flown to St. Louis, where Wells Fargo Advisors is headquartered.

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