Financial Services Industry
Industry: Email Alert RSS FeedMerger will create powerful force.(Donaldson, Lufkin & Jenrette and Credit Suisse)
Banker, The, October, 2000 by Shearlock, Peter
Peter Shearlock looks at what kind of combined creature will be produced by the merger between Credit Suisse and Donaldson, Lufkin & Jenrette
One statistic you will not find in the mass of data produced by Credit Suisse First Boston and Donaldson, Lufkin & Jenrette to explain their pending merger: the number of DU directors and staff who have been granted a taste of the action in the highly successful private equity and mezzanine funds run by the firm's US merchant banking operation. A DU spokesperson will only say that it "cuts across the firm at various levels".
DU has long rewarded senior people by giving them shares in its private equity funds. It is not alone in that. Even Chase Manhattan, still a "wannabe" in investment banking, started...
Brought to you by CBS MoneyWatch.com
- Best- and Worst-Paid College Degrees
- 6 Things You Should Never Do on Twitter or Facebook
- How Much Sleep Do You Really Need?
- 6 Big Myths about Gas Mileage
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- LIFO vs. FIFO: a return to the basics
