Several banks are benefiting from the slew of former DLJ bankers who have decided that their new owners, CSFB, are not for them. Lehman and Salomon Smith Barney have done particularly well in the US, and UBS Warburg and Deutsche Bank are not far behind. But in Europe another name has joined the list, and it may be a surprise to some: Bank of America.
The exodus from DLJ is gathering pace not just in New York but in London too where BofA is dropping in a team of DLJ analysts to help kick start its fledgling European equities operation.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
