CSFBdirect Institutional Appoints Three New Vice Presidents.Business Editors JERSEY CITY, N.J.--(BUSINESS WIRE)--May 21, 2001 CSFBdirect Inc. (NYSE NYSE See: New York Stock Exchange : DIR), the online brokerage service of Credit Suisse First Boston Credit Suisse First Boston was originally the trading name of 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. , today announced the appointments of Chris Cichella, Bruce Golubock and John Tyers as Vice Presidents and Regional Directors of CSFBdirect Institutional. CSFBdirect Institutional supports independent Registered Investment Advisors by providing access to extensive investment choices, superior technology solutions, and flexible custodial services. Cichella, Golubock, and Tyers, will focus on growing the CSFBdirect Institutional fee-based investment Fee-Based Investment An investment account in which the advisor's compensation is based on a set percentage of the client's assets instead of on commissions. Contrast this to commission-based investment, in which the advisor makes money based on the amount of trades made or the advisor custodial business. They will report to Jeff Roush, Director of Corporate Development. CSFBdirect Institutional provides three core benefits to the Registered Investment Advisor community. - A new approach to service -- Advisors have direct access to dedicated specialists for service fulfillment and problem resolution. - Leading front- and back-office technology -- CSFBdirect's award-winning technology team, iNautix Technologies Inc., has developed cutting-edge capabilities incorporating institutional market data and research integrated with detailed client information and performance measurement tools. - Access to the resources of one of the largest investment banks in the world -- Credit Suisse First Boston. This broad array of wealth management alternatives includes structured products, derivatives, alternative investments, IPOs, and top-ranked CSFB Equity Research. "Chris, Bruce, and John have proven track records as business development leaders in the investment advisor Investment Advisor 1. A person making investment recommendations in return for a flat fee or percentage of assets managed, known as a commission. 2. For mutual fund companies, it is the individual who has the day-to-day responsibility of investing and monitoring the cash and market. Their decision to join our firm further confirms that we have built something unique and valuable for investment advisors," stated Richard Cancro, Director of CSFBdirect Institutional. Chris Cichella has over four years of experience in Institutional sales and relationship management with investment advisors. Based in the Jersey City headquarters, Cichella will be responsible for supporting the Eastern region, including the Northeast and Mid-Atlantic, as well as the New York Metro For the region, see . Metro New York is a free daily newspaper in New York City started in 2004. Its main competition is AM New York, with which it practices many of the same distribution and marketing strategies. area. Bruce Golubock brings eight years of experience where he previously served as a Regional Vice President for an institutional market leader. Based in Dallas, Golubock will be responsible for managing the Southwestern and Central region. He will also assist Jeff Roush with the Western Region. Most recently John Tyers spent a year as Vice President of Sales with a financial service technology company. He has six years of prior experience as a Regional Vice President for a leading institutional firm. Tyers, based in Atlanta, will be responsible for the Southeast and Midwestern regions. "As CSFBdirect Institutional looks to expand its client base and service offering for investment advisors, we will benefit from the proven expertise these three professionals bring to our team" added Jeff Roush. About CSFBdirect CSFBdirect is one of the world's premier online brokerage firms offering a diversified range of investment products and services to self-directed investors. As of March 31, 2001, CSFBdirect had over one million worldwide customer accounts representing over $21 billion in assets. CSFBdirect has received numerous honors over the past year, including a number one "4-Stars" rating in March 2001 by Barron's; "Best of the Web" in March 2001 by Forbes.com; "Best Online Brokerage Service" in March 2001 by the Software Information Industry Association (SIIA (Software & Information Industry Association, Washington, DC, www.siia.net) A trade organization devoted to the health and welfare of the software and digital content industry by providing support in government relations, business development, education and intellectual property ); "#1 Online Brokerage" in March 2001 by the American Association American Association refers to one of the following professional baseball leagues:
See: American Association of Individual Investors ) Customer Survey; number one for "Transaction Performance and Transaction Success Rate" in February 2001 by Keynote Systems, Inc.; "Best for Site Reliability" in August 2000 by TheStreet.com's Online Broker Survey; "Top Online Broker" by the 2000 Readers' Choice Awards, Worth magazine; and "Best Bet, Feature Rich" in May 2000 by PC World magazine. Headquartered in Jersey City, NJ with offices in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , Charlotte, NC, Delray Beach, FL, Sandy City, UT, London, Tokyo, Hong Kong, and Dubai, CSFBdirect employs 1,800 people. CSFBdirect trades on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors "DIR" as a tracking stock of Credit Suisse First Boston (USA), Inc. For more information on CSFBdirect, visit the company's Web site at www.CSFBdirect.com. About Credit Suisse First Boston Credit Suisse First Boston (CSFB CSFB Credit Suisse First Boston CSFB Cyclically Shifted Filter Bank ) is a leading global investment bank serving institutional, corporate, government and individual clients. CSFB's businesses include securities underwriting, sales and trading, investment banking, private equity, financial advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal , investment research, venture capital, correspondent brokerage services and retail online brokerage services. It operates in over 87 locations across more than 39 countries on 6 continents, and has some 28,000 staff worldwide. The Firm is a business unit of the Zurich based Credit Suisse Group, a leading global financial services company. For more information on Credit Suisse First Boston, please visit our website at http://www.csfb.com. |
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