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Credit Suisse Spinoff Asks If World Needs a New Investment Bank

(Bloomberg) Credit Suisse Spinoff Asks If World Needs a New Investment Bank

CS First Boston is spinning-out of Credit Suisse as a major piece of CS’s restructuring. Bloomberg rolls the tape on First Boston’s history pre- and post-acquisition – including its famous dealmakers and infamous moments – and asks if a mid-sized investment bank is prepared to thrive in a competitive marketplace.

The Supreme Court will make it harder to hire a diverse team

(Bloomberg) The Supreme Court will make it harder to hire a diverse team

“Two cases pending before the justices involve affirmative action at universities, but there are clear implications for companies.”

Stay tuned for our comments on SCOTUS’ decision.