CSFB Still Lags In Cost-Cutting
- CSFB Considered Combining Tech and Telecom Banking, but Decided Against It. Hahn, Avital Louria // Investment Dealers' Digest;01/29/2001, Vol. 67 Issue 4, p3
Reports on the decision of Credit Suisse First Boston Corp. to keep its technology and telecommunications banking operations separate after initially planning to combine the two. Reasons behind the company's decision; Need for coordination between the two divisions to achieve the company's goals.
- FIXER-UPPER. Celarier, Michelle // Investment Dealers' Digest;3/24/2003, Vol. 69 Issue 12, p24
Focuses on legal and regulatory problems faced by banking company Credit Suisse First Boston Corp. Comparison of Credit Suisse First Boston's problems with those of Drexel Burnham Lambert Inc.; Comments of chief administrative officer Credit Suisse First Boston John Mack on the possibility of...
- New CSFB Team Aims to Build New Image, Voice. Rieker, Matthias; Moyer, Liz // American Banker;12/27/2000, Vol. 165 Issue 247, p2
Focuses on the reflections of the team of analysts hired by Credit Suisse First Boston from Donaldson Lufkin & Jenrette Inc., on the banking industry in 2000 and the team image they want to project. Aim to function as equals; Need for banks to develop a coherent business model; Competition of...
- Bank buys bullish view on big media. Amdur, Meredith // Daily Variety;9/5/2002, Vol. 276 Issue 67, p6
Reports on Credit Suisse First Boston Corp.'s research of mass media companies. Possible acquisitions of the bank.
- Street's Q2 Report Cards Are In. French, Jeffrey // Investment Dealers' Digest;8/15/2005, Vol. 71 Issue 32, p4
Reports on the second quarter 2005 financial results of investment banks in the U.S. Poor performance of UBS AG and its peers in fixed-income and equity trading; Strong performance of Credit Suisse First Boston on the investment banking front, whose revenues surged by more than 50 percent;...
- CS Net Off 37%; Legal Reserves Hiked. Bloomberg News // American Banker;8/4/2005, Vol. 170 Issue 149, p20
Reports that Credit Suisse Group's second-quarter profit is down 37% from a year earlier because of its increased reserves to cover potential litigation in the U.S.; Decline in its earnings from private banks; Totaling of net income to $718 million, making Credit Suisse the second largest bank...
- Out Takes. Lugo, Denise // Investment Dealers' Digest;6/4/2001, Vol. 67 Issue 22, pN.PAG
Reports on cost-cutting initiatives of financial company Credit Suisse First Boston Corp. Impact of the initiatives on salaries of its employees; Plans of the company to reduce its employee strength; Appointment of former Prime Minister of Great Britain John Major as the senior adviser of the...
- Tech Under Knife as CSFB Aims for $1B of Cost Cuts. Mandaro, Laura // American Banker;10/10/2001, Vol. 166 Issue 194, p1
Reports on cost-cutting measures to be implemented by Credit Suisse First Boston (CSFB). Reduction of spending on technology and market data services; Reduction of the company's work force; Savings in operating costs to be realized by 2002; Consolidation of systems and properties that came with...
- CoreStates taps CS First Boston to be adviser. Matthews, Gordon // American Banker;11/3/1997, Vol. 162 Issue 212, p40
Announces that CoreStates Financial Corporation in Philadelphia has hired Credit Suisse First Boston for an advise on its options. Shares of CoreStates; Why CoreStates turned down the offer from Mellon Bank Corporation.