First Boston hires more than 100 from Deutsche Bank
Article Abstract:
Deutsche Bank lost more than 100 technology bankers and analysts after Credit Suisse First Boston raided its investment ranks. A secret agreement was finalized between the two financial institutions that allows the wholesale transfer of 132 employees of the German bank's technology group to First Boston. Deutsche Bank is seeking to acquire an international investment bank, such as Lehman Brothers Inc. or Donaldson Lufkin and Jenrette Inc., to address the problems created by its departing employees.
Comment:
Raided Deutsche Bank AG of more than 100 technology bankers and analysts
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1998
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Goldman expected to name co-chief today
Article Abstract:
Goldman, Sachs & Company will announce the appointment of Henry M. Paulson Jr. as its new co-chairman and co-CEO. Goldman Sachs is the last remaining major partnership on Wall Street. Mr. Paulson has been the president and chief operating officer of the firm. He has a close working relationship with Jon S. Corzine, the other chairman and CEO of Goldman Sachs. The appointment would make Mr. Paulson an equal of Mr. Corzine.
Comment:
Will announce the appointment of Henry M. Paulson Jr. as its new co-chairman and co-CEO
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
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