CSFB to Integrate Debt and Banking Coverage of Financial Institutions

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Byline: Michael Hoare

Credit Suisse First Boston (CSFB) has created a unit it hopes will bring together its debt capital markets (DCM) and investment banking coverage of financial institutions.The Swiss bank has formed a financial institutions financing and liability management group, headed by Anthony Faulkner and Manuel de Souza-Gir?o. The unit will comprise bankers from DCM, fixed income and the financial institutions group in investment banking.

Faulkner will be responsible for DCM origination, with a particular focus on UK financial institutions, while de Souza-Gir?o will be responsible for the marketing of DCM and derivative products to banks and insurers in Europe.

One banker in the group, called a team leader, will be responsible for all the debt, derivatives, equities and loans sold to each client. For smaller clients the team leader will also provide strategic advice. For larger acquisitive companies they will work closely with their counterpart from investment banking. …