Great read, and appreciated the speculation around FIMA borrowing. Not too long ago, CS's investment bank was considered with pretty high esteem here in the US - less prestigious than GS, MS or JPM, but a very solid middle-of-the-pack bulge bracket bank, and probably better than DB/Barclays/UBS/Bofa. Its been interesting to watch their r…
Great read, and appreciated the speculation around FIMA borrowing.
Not too long ago, CS's investment bank was considered with pretty high esteem here in the US - less prestigious than GS, MS or JPM, but a very solid middle-of-the-pack bulge bracket bank, and probably better than DB/Barclays/UBS/Bofa. Its been interesting to watch their reputation fall along with each blunder over the past five or six years.
Great read, and appreciated the speculation around FIMA borrowing.
Not too long ago, CS's investment bank was considered with pretty high esteem here in the US - less prestigious than GS, MS or JPM, but a very solid middle-of-the-pack bulge bracket bank, and probably better than DB/Barclays/UBS/Bofa. Its been interesting to watch their reputation fall along with each blunder over the past five or six years.