Schwab customers to receive access to deals by CSFB
Article Abstract:
Charles Schwab & Co. customers will receive access to debt underwriting lead managed by Credit Suisse First Boston (CSFB). Schwab clients will have potential access to such fixed-income products as preferred shares, US agency debt and corporate debt. Under the agreement, Schwab will be given a preferred underwriting or selling group participation in CSFB-led primary debt offerings. The deal will also allow Charles Schwab and CSFB to go after retail investors and investment managers for a new preferred stock and debt issues.
Comment:
Will give Charles Schwab customers access to debt underwriting
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1998
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Merrill CEO's salary, bonus fell 32%
Article Abstract:
The chairman and chief executive officer (CEO) of Merrill Lynch & Co., David Komansky, suffered a 32% drop in his salary and bonus for the 1998 year. Mr. Komansky's salary decline mirrored Merrill Lynch's drop in net income. Mr. Komansky's total compensation actually rose to $11,484,175, a 2.7% increase. He earned $700,000 in salary and $4,535,321 in bonus in 1998.
Comment:
Chairman and CEO David Komansky, suffers 32% drop in salary and bonus for the 1998
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
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Ex-CEO sentenced for insider trading
Article Abstract:
Former Keefe Bruyette and Woods Inc. CEO James J. McDermott Jr. was sentenced to eight months in prison. McDermott was convicted of giving insider tips to his mistress.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2000
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