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CSFP |
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He helped to launch the CSFP New York office in 1993, modeling in all markets, and ushered the bank into the world of parallel processing. The rating action also reflects the small contribution made by Japan in recent years to the earnings of both CSFP and CSFB. As part of a strategic alliance between the Credit Suisse Group's parent company, CS Holding, and Swiss Re, one of the world's leading reinsurance companies, the latter acquired a 20% stake in CSFP (10% from Credit Suisse and 10% from CSFB) at the end of 1994. |
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