 |
|
John Mack was brought in as CEO three years ago to cut costs. |
When John Mack (pictured right) was brought in as CEO to turn around Credit Suisse First Boston more than three years ago, he offered a simple diagnosis. “We don’t have a revenue problem, we have a cost problem,” he said. That might have been so then. But in trying to cut costs, has the former Morgan Stanley CEO created a revenue problem that wasn’t there before?
A rising tide lifts all boats.
Thanks for your interest in Euromoney!
To unlock this article:
