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CREDIT SUISSE SECURITIES (USA) LLC - Brokerage/Investment Adviser Firm. The adviser's REGISTRATION status is listed below. Investment adviser firms registered with the SEC may be required to provide to state securities authorities a copy of their Form ADV and any accompanying amendments filed with the SEC.
2020s: Revival of the "First Boston" Brand On October 27, 2022, Credit Suisse announced a "radical" restructuring of its investment bank, taking "extensive measures" which will see it return to the "First Boston" brand as an independent Capital Markets and Advisory bank.
In addition, Michael Klein has been appointed Chief Executive Officer (CEO) of Banking and CEO of the Americas, as well as designated CEO of CS First Boston. He will join the Executive Board and report directly to Group CEO Ulrich Korner.
In the meantime, senior Credit Suisse insiders tell us they're hopeful that UBS will acquire Credit Suisse, "hold" the elements that will comprise CS First Boston, and then spin out the unit as planned in 2024.
On October 27, 2022, Credit Suisse announced its intention to restructure its investment bank by transitioning its capital markets and advisory activities to a newly created independent bank, CS First Boston.