CS First Boston Will Have Goldman Sachs-Like Partners (1)

March 4, 2023, 2:14 PM UTC

Credit Suisse Group AG’s new investment bank will create a partner level above its existing managing directors, providing a senior rank for top deal makers.

Between 50 and 100 existing CS First Boston managing directors are up for partnership in the boutique’s new organizational structure, which will be similar to that of banks like Goldman Sachs Group Inc., executives said this week at an off-site meeting, according to people who attended the presentations.

The meeting in New York was attended by some 300 managing directors, said the people, who asked not to be identified discussing the private matter. ...

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