Credit Suisse Securities (CS) will be a book-running manager for the proposed offering.
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Credit Suisse Securities LLC consented without admitting or denying guilt that it failed to adhere to principles of good business practice.
The exchange versus dark pool conversation continued between Larry Leibowitz, chief operating officer of NYSE Euronext, and Dan Mathisson, managing director at Credit Suisse Securities.
Credit Suisse Securities is planning over the next two years to increase Japanese equity analyst staffing by over 40 percent, to a level equivalent to that before the 2008 crisis.
Dan Mathisson of Credit Suisse Securities, which he describes as the largest U.S. broker-dealer by volume traded, the top broker in algorithmic trading, and the largest U.S. alternative trading system, says the proposal as now creates a dangerous situation because it only applies to trading between 9:45 a.m. and 3:45 p.m.
Yup, according to a federal lawsuit in New York against ten securities houses, including Credit Suisse First Boston and Merrill Lynch (plus several of their institutional customers), these normally cutthroat Wall Street competitors got together to levitate the prices of initial public offerings, reaping billions of dollars in illegal profits.
Yup, according to a federal lawsuit in New York against ten securities houses, including Credit Suisse First Boston and Merrill Lynch (nyse: MER - news - people ) (plus several of their institutional customers), these normally cutthroat Wall Street competitors got together to levitate the prices of initial public offerings, reaping billions of dollars in illegal profits.
"This market was the hardest hit last year, " notes Chandra Bhattacharya, a Credit Suisse strategist who specializes in residential mortgage-backed securities.
The lawsuit against Credit Suisse and others sketches a similar conspiracy, in which securities firms--with the help of big institutional customers including Fidelity and Janus Capital--are accused of taking advantage of Internet fever to drive up the price of newly issued shares in the aftermarket.
The lawsuit against Credit Suisse and others sketches a similar conspiracy, in which securities firms--with the help of big institutional customers including Fidelity and Janus Capital (nyse: JNS - news - people )--are accused of taking advantage of Internet fever to drive up the price of newly issued shares in the aftermarket.
Credit Suisse is a prime example of a bank that has greatly increased its exposure to the securities markets over the past decade.
Deutsche Bank Securities (DB), Citigroup (C), Barclays (BCS) and Credit Suisse (CS) are the joint book runners for the offering.
In addition to this, Credit Suisse has hired Jay Kim along with around 10 of his team members to lead its asset backed securities team.
His latest comes in a lawsuit filed against Credit Suisse in which he accuses the Swiss bank of misleading investors over the quality of residential mortgage-backed securities.
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