Merger Triggers Exodus.The planned merger between investment banking giants 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. and Donaldson, Lufkin & Jenrette Inc. has triggered a major upheaval in CSFB's Los Angeles office. Mark S. Maron, head of CSFB's investment banking operations for the West Coast, is jumping to rival Lehman Bros BROS Brothers BROS Benefits and Retirement Operations Section (King County, Washington) BROS Barnes and Richmond Operatic Society (London, UK) ., taking a crew of about two dozen CSFB CSFB Credit Suisse First Boston CSFB Cyclically Shifted Filter Bank staffers with ham The mass defection will bring the total number of Lehman bankers here to more than 30. The defection appears to cement the power base of Ken Moelis, who is head of DLJ's large group of bankers in Los Angeles. As part of CSFB parent Credit Suisse's $11.5-billion purchase of DLJ DLJ Distributor License for Java DLJ Donaldson, Lufkin & Jenrette Inc. DLJ Drive Like Jehu (band) DLJ Defence Laboratory Jodhpur (India) DLJ Dead Letter Journal , the firm named Moelis co-head of investment banking in the Americas. |
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