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Chicago gains footing in Wall Street world.(Focus: Finance)(Steven Koch of Credit Suisse First Boston L.L.C.)(Interview)
Crain's Chicago Business, August, 2005 by Stainburn, Samantha
Byline: SAMANTHA STAINBURN Investment banking has changed dramatically since Steven Koch, Chicago-based vice-chairman of Credit Suisse First Boston, joined the industry in the late 1970s. Major firms are 10 times bigger, and many of the deals they broker now involve global companies. Crain's asked Mr.
Koch, 49, about Chicago's place in the investment banking world. CRAIN'S: What's the state of investment banking in Chicago these days? MR. KOCH: It's very healthy. The business environment is strong and the investment banking community is responding intelligently, with a lot of vigor. Those 2001, 2002 years were pretty grim, but with the exception of Merrill Lynch, which went through some fairly traumatic convulsions in the early part of the decade, Chicago...
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