CSFB takes third place in 2000 forex rankings to date
FRONT PAGE NEWS
ZURICH -- Credit Suisse Group's FX earnings in 2000 dropped by 19% over the previous year, the bank announced last week.
Klaus Said, global head of FX at CSFB, the division housing FX in the Credit suisse group, told FX Week the results reflected a return to pace for the bank after a record result in 1999.
That year, CSFB boosted its business to record levels, in part by calling the euro's plunge ahead of many other banks, Said told FX Week.
"CSFB was among the first major banks to buck the euro
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