Credit Suisse First Boston: Difference between revisions
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'''Credit Suisse First Boston''' |
'''Credit Suisse First Boston''' was the former name of the banking firm [[Credit Suisse]]. |
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==History== |
==History== |
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Credit Suisse First Boston was |
Credit Suisse First Boston was originally called 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 later became the operating name of Credit Suisse's investment banking operations. |
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Credit Suisse took control of First Boston in 1988. In the mid 1990s, Credit Suisse renamed itself CS First Boston as Credit Suisse First Boston, or CSFB, worldwide. |
Credit Suisse took control of First Boston in 1988. In the mid 1990s, Credit Suisse renamed itself CS First Boston as 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. |
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In 2006, Credit Suisse retired the First Boston name to "allow Credit Suisse to communicate as an integrated organization to clients, employees and shareholders."<ref>"Re-naming of Credit Suisse First Boston Entities and New Brand to Launch in January 2006", ''Business Wire'', November 18, 2005 [http://findarticles.com/p/articles/mi_m0EIN/is_2005_Nov_18/ai_n15860543/ at bnet]</ref> |
In 2006, Credit Suisse retired the First Boston name to "allow Credit Suisse to communicate as an integrated organization to clients, employees and shareholders."<ref>"Re-naming of Credit Suisse First Boston Entities and New Brand to Launch in January 2006", ''Business Wire'', November 18, 2005 [http://findarticles.com/p/articles/mi_m0EIN/is_2005_Nov_18/ai_n15860543/ at bnet]</ref> |
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Revision as of 08:19, 16 October 2011
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| Company type | Corporation |
|---|---|
| Industry | Investment services |
| Founded | 1996 |
| Successor | Credit Suisse |
| Products | Financial Services Investment Banking |
Credit Suisse First Boston was the former name of the banking firm Credit Suisse.
History
Credit Suisse First Boston was originally called 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 later became the operating name of Credit Suisse's investment banking operations.
Credit Suisse took control of First Boston in 1988. In the mid 1990s, Credit Suisse renamed itself CS First Boston as 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.
In 2006, Credit Suisse retired the First Boston name to "allow Credit Suisse to communicate as an integrated organization to clients, employees and shareholders."[1]