Credit Suisse

  • michael-tshiyoyo-credit-suisse

    News

    Credit Suisse Employee Moonlights As Breakdancing National Champion

    As a general rule, most people working on Wall Street (and working anywhere, really) try to avoid spending time with the HR professionals in their office. When face-time is required, it is usually because a) you need to watch an instructional video* on what is considered appropriate workplace behavior, and what is considered sexual harassment, […]

    / Dec 6, 2013 at 12:55 PM
  • Banks

    It’s Called ‘Credit Suisse‘ For A Reason

    The Swiss are looking out for number one, with a fence or a wall or a beaded curtain or something.

    / Nov 21, 2013 at 3:03 PM
  • bikersrangeroverNYT

    News

    Pack of Motorcyclists Who Swarmed, Savagely Assaulted Credit Suisse VP On West Side Highway Pretty Proud Of Themselves

    …which would explain why they recorded the incident and then uploaded the whole thing to the internet.

    / Oct 1, 2013 at 1:37 PM
  • SCMP 23MAR11 BZ BRADY1  IMG_2290.JPG

    News

    Layoffs Watch ’13: Credit Suisse

    The House of Dougan has had to say good-bye to a few of its own.

    / Sep 24, 2013 at 1:28 PM
  • Brady-Dougan1-260x377

    News

    Layoffs Watch ’13: Credit Suisse (Update)

    Cuts are a’ coming at the House Of Dougan.

    / May 16, 2013 at 4:01 PM
  • I feel like Pechi is a little too much of a civilian to be pictured here, plus I couldn't find one that I was sure was her.

    Banks

    Former Credit Suisse VP Who Spent Her Vacation At The Office Past Midnight Will Fit Right In At Goldman Sachs

    We don’t have her side of the story yet but from what her enemies say about her I like Agostina Pechi’s style. Pechi is the former Credit Suisse emerging markets sales VP who quit to go to Goldman and whom CS is now suing because she (allegedly) took a bunch of secret stuff with her […]

    / May 6, 2013 at 11:20 AM
  • News

    Credit Suisse, UBS Care About (Not Being Known For Helping People Engage In) Tax Evasion Now

    Time was, you could count on Swiss banks to assist their clients in the business of not paying taxes, having practically written the book on how to go about keeping one’s assets a secret from prying eyes (Chapter 1: Discarded toothpaste containers make a great place to stash diamonds). Now? Not only are they no […]

    / Apr 8, 2013 at 1:56 PM
  • bradydougancreditsuisse1-260x277

    News

    Layoffs Watch ’13: Credit Suisse

    More cuts a-comin’ for the House of Dougan.

    / Mar 12, 2013 at 5:04 PM
  • Hmm. Anyone got any other ideas?

    News

    Mourn For The Derivative On Its Derivatives That Credit Suisse Wrote To Itself

    You may not believe this, but a few weeks ago I spoke to a business school class about the financial industry, and a student asked me “what would you say to someone who’s considering a career at an investment bank?” Somehow it did not occur to me to congratulate her on her humanitarian impulses. Instead, […]

    / Feb 27, 2013 at 1:23 PM
  • Just reading some stuff in an empty cafeteria, what's up with you?

    Banks, News

    Credit Suisse And UBS Put Little Pieces Of Themselves In Their Compensation Plans

    Swiss bank annual earnings are here so we might as well check in on what they’re up to with comp. You and I may think of comp in pretty straightforward ways – if you did good, and your employer did good, you get paid well, and if not not – but Credit Suisse and UBS […]

    / Feb 7, 2013 at 1:10 PM
  • Brady-Dougan1-260x377

    News

    Bonus Watch ’13: Credit Suisse

    A few details from the House of Dougan’s bonus communication day.

    / Jan 23, 2013 at 4:24 PM
  • barcapbird

    News

    Bonus Watch ’13: Barclays, Credit Suisse Bonuses To Spend Some Time In The Pool

    Like Deutsche Bank, management at BARC and CS think shrinking bonuses up to 20 percent sounds like a great idea.

    / Jan 14, 2013 at 5:42 PM
  • Credit-Suisse

  • brady-dougan

    News

    Promotion Watch ’12: Credit Suisse

    Recent events might have had you thinking otherwise, but Credit Suisse does more than just layoff its employees– sometimes it promotes them, too! Earlier this morning, in fact, the Swiss bumped a whole bunch of guys and girls up to managing director. And even though it’s not grundle-to-face level exciting, it’s still something.

    / Dec 18, 2012 at 1:44 PM
  • News

    Layoffs Watch ’12: Credit Suisse Allows Soon-To-Be Laid Off Employees To Enjoy The Holidays

    Light your candles, hang some mistletoe, ring in 2013, and then come back January 2 prepared to clear out your desk.

    / Dec 11, 2012 at 1:34 PM
  • santa-hat

    News

    Layoffs Watch ’12: Credit Suisse Has Good News And Less Good News

    The good news: due to technical issues, no one will be fired before tonight’s holiday party! The less good news: you’ll likely still be fired eventually.

    / Dec 6, 2012 at 11:09 AM
  • News

    Layoffs Watch ’12: Credit Suisse (Again)

    More cuts at the House of Dougan, on top of the ones in Russia, were said to have gone down today.

    / Dec 5, 2012 at 5:07 PM
  • bradydougan

    News

    Layoffs Watch: Credit Suisse

    The House Of Dougan has apparently said Do svidaniya to a handful of comrades.

    / Dec 4, 2012 at 1:26 PM
  • Credit Suisse

    News

    Layoffs Watch ’12: Credit Suisse

    Cuts are said to be going down circa now at the Swiss bank.

    / Nov 29, 2012 at 2:45 PM
  • bradydougancreditsuisse

    News

    Layoffs Watch ’12: Credit Suisse

    Cuts are expected to go down at the House Of BD.

    / Nov 26, 2012 at 4:10 PM
  • Brady Dougan gives good rueful.

    News

    Credit Suisse Did The Same Bad Mortgage Things As Everyone Else

    This New York Attorney General lawsuit against Credit Suisse is mostly the same as all the other lawsuits by all the other regulators against all the other banks. Here is a summary, based on the complaint: Some mortgage originators made crappy loans, because that was the style at the time. They sold them to Credit […]

    / Nov 20, 2012 at 4:11 PM
  • Eh, I can live with this.

    News

    JPMorgan And Credit Suisse Put Mortgage Problems Behind Them For All Time

    The SEC settled cases today with JPMorgan and Credit Suisse over “misleading investors in offerings of residential mortgage-backed securities” for a total of about $400 million, which the SEC plans to hand out to those misled investors. There’s been a lot of this sort of thing recently, so here’s a quick cheat sheet on who […]

    / Nov 16, 2012 at 5:18 PM
  • pablosushi

    News

    Bloomberg: How Wall Street’s Stomachs Fared During The Hurricane

    …when Falcone and five LightSquared colleagues met over a meal of white-truffle pasta and Barolo at a Washington restaurant in January, they failed to come up with anything they could have done differently, according to a person who was there who asked not to be identified because the meeting was private.– Falcone Waits For Icahn Doubling Down On Network

    When JPMorgan, which earned the most of any of the six banks over the four quarters, decided to thank employees for their performance this year, it sent 161,680 individually wrapped buttercream-frosted, chocolate chip, oatmeal-raisin and sugar cookies to retail branches and call centers in the U.S., U.K., Philippines and India.– No Joy On Wall Street As Biggest Banks Earn $63 Billion

    Cooperman, 68, said in an interview that he can’t walk through the dining room of St. Andrews Country Club in Boca Raton, Florida, without being thanked for speaking up. At least four people expressed their gratitude on Dec. 5 while he was eating an egg-white omelet, he said.–Bankers Join Billionaires To Debunk ‘Imbecile’ Attack On Top 1%

    American International Group Chief Executive Officer Robert Benmosche, 66, a Kappa Beta Phi member who disclosed in October that he was undergoing treatment for cancer, was there. He looked energetic, the two attendees said. In 1930, the dinner was beefsteak. This year, the meal featured lobster salad, shrimp, pigs-in-a-blanket, lamb chops and pistachio ice cream.– Wall Street Secret Society Kappa Beta Phi Adds Dealmakers With Lehman Rite

    Wall Street headhunter Daniel Arbeeny said his “income has gone down tremendously.” On a recent Sunday, he drove to Fairway Market in the Red Hook section of Brooklyn to buy discounted salmon for $5.99 a pound.–Wall Street Bonus Withdrawal Means Trading Aspen For Coupons

    The clam-juice cocktails at the private Stock Exchange Luncheon Club, where brokers lined up three deep at the raw bar, contained tomato juice, cooled water from boiled chowder clams, ketchup, celery salt and the option of a freshly shucked clam. Add vodka and they called it a Red Snapper.–How America Ceded Capitalism’s Bastion To German Boerse Seizing Big Board

    As someone once said, you can find out a lot about a man or woman’s character during moments of great crisis. Do they fall apart? Do they become shells of their former selves? Do the worst parts of them come out? Do they turn their backs on everything they supposedly once stood for? Or do they, even in moments of darkness, rise to the occasion and demonstrate the morals and values they held when times were good are the very same ones they choose to live by when times are bad? For Bloomberg News reporter Max Abelson, Hurricane Sandy was a test. Would he turn in an article containing few if any reference to the food people consumed during the natural disaster? Or would his commitment to bringing readers exhaustive details re: what his Wall Street subjects eat (see above, here, and here) burn ever bright, to the extent that sources and interviewees elaborating on their situation beyond provisions would find themselves cut off and told, “Just the food and drink, toots. I got a lotta calls to make”?

    Luckily for us, it was the latter.

    Herewith, an accounting of things stuffed down the gullets of Wall Street over the last two days:

    * Murry Stegelmann, Kilimanjaro Advisors: expensive wine, green tea.

    “I had to go to the wine cellar and find a good bottle of wine and drink it before it goes bad,” Murry Stegelmann, 50, a founder of investment-management firm Kilimanjaro Advisors LLC, wrote in an e-mail after he lost power at 6 p.m. on Oct. 29 in Darien, Connecticut. The bottle he chose, a 2005 Chateau Margaux, was given 98 points by wine critic Robert Parker and is on sale at the Westchester Wine Warehouse for $999.99. “Outstanding,” Stegelmann said. He started the day with green tea at Starbucks, talking with neighbors about the New York Yankees’ future and moving boats to the parking lot of Darien’s Middlesex Middle School.

    * Wilson Ervin, Credit Suisse: the most depressing breakfast ever.

    Erin…went to the bank’s office at 11 Madison Ave. afterward to work on evaluations of managing directors and financial regulation. He ate a lunch of Raisin Bran, coffee and a banana from the 7-Eleven downstairs, he said.

    * Pablo Salame, Goldman Sachs: sushi, the piece of which Abelson or his research assistant counted.

    He posted a picture of 21 pieces of sushi on a Twitter account in his name on Oct. 29. “Only in NYC, Seamless Sandy sushi delivery in TriBeCa, Monday 730 pm,” the post said.

    * Wilbur Ross, WL Ross And Co: a painting.

    “I was scheduled to come back Sunday night, and I decided not to, because everything during the week would be canceled anyway,” said Ross, chairman of private-equity firm WL Ross & Co. “I’m stuck in Palm Beach.”
    He stayed in touch with colleagues using a fax machine along with phone and e-mail. His Florida home includes a painting by Rene Magritte of petrified blue apples, an image that is also depicted on a custom-made Van Cleef & Arpels watch he owns, he told Bloomberg News this year.

    * JPMorgan employees: many of the culinary delights its cafeteria offers on a regular basis but NO DUMPLINGS.

    JPMorgan, which sent out more than a dozen hurricane updates to its employees featuring detailed weather maps, kept parts of its 270 Park Ave. cafeteria open yesterday. Danishes and scones were available near the salad bar, and the bank’s deli had sandwiches with grilled vegetables. The dumpling bar was closed.

     

    Wall Street Finds Sandy Silver Lining In Wine, Monopoly [Bloomberg]
    Related: Things People Have Eaten in the Presence of Bloomberg Reporter Max Abelson [Daily Intel]

    / Oct 31, 2012 at 12:51 PM
  • Meh.

    Banks, News

    Banking Boring Again Even At Credit Suisse

    One way to make a lot of money in banking is just to be really good at it. But this is not a very good way! There are lots of people who want to make a lot of money in banking, and all of them1 have at least considered the approach of “just be good […]

    / Oct 25, 2012 at 4:28 PM

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