Credit Suisse decides it can’t afford First Boston
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In today’s newsletter:
The origin story of CS First Boston
Pressure mounts on Goldman’s top “fixer”
Monte dei Paschi’s controversial rights issue
Meet CS First Boston, the cheaper option for Credit Suisse
When you have what analysts estimate to be an over sFr4bn capital hole, every penny counts.
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This story originally appeared on: Financial Times - Author:Francesca Friday
