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4 things to know about Wall Street veteran Michael Klein, the incoming CEO of CS First Boston, Credit Suisse's spin-off of its investment bank

Por: Business Insider Business October 28, 2022

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As Credit Suisse looks to shake off years of scandal and mismanagement, it has tapped a Wall Street veteran to take charge of a newly created firm whose name harkens back to brighter days for the beleaguered Swiss financial giant.On Thursday, the Swiss bank announced the broad strokes of that will see the bank raise $4 billion from the likes of Saudi National Bank, sell its securitized-products trading group to an investor group led by Apollo... + full article



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