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Credit Suisse First Boston

 
Wikipedia: Credit Suisse First Boston
Credit Suisse First Boston
Type Corporation
Successor Credit Suisse
Founded 1996
Headquarters Flag of Switzerland Zürich, Switzerland
Flag of the United StatesNew York City
Industry Investment services
Products Financial Services
Investment Banking

Credit Suisse First Boston was originally the trading name of the Financière Crédit Suisse-First Boston, a London-based 50-50 investment banking joint venture formed in 1978 between the First Boston Corporation and Credit Suisse and would later be used as the operating name for Credit Suisse's investment banking operations.

History

In 1988, when Credit Suisse took control of First Boston, the First Boston brand retained a prominent positioning as the investment banking operation was dubbed CS First Boston.

In the mid 1990s, Credit Suisse initiated a comprehensive rebranding of First Boston in the United States. The CS First Boston investment bank was rebranded Credit Suisse First Boston, or "CSFB", worldwide. The terms Credit Suisse First Boston and CSFB are generally used to refer to the global investment bank, and not only the original London franchise.

Credit Suisse retired the "First Boston" name from its investment banking business worldwide on January 16, 2006 in order to "allow Credit Suisse to communicate as an integrated organization to clients, employees and shareholders."

See also

External links


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