Brady Dougan and Paul Calello: Credit Suisse rebuilds its model

Brady Dougan and Paul Calello stripped down Credit Suisse’s investment banking vehicle as the credit crisis hit. Now they’re showing off a streamlined, non-polluting, yet powerful firm that even their competitors admire. Is Credit Suisse the model of a new investment bank? Clive Horwood reports.

Euromoney Awards for Excellence 2009

Awards for Excellence 2009: Best investment bank

A culture rooted in detailTHE MANUAL FOR traditional investment banking would not recommend shutting down some of the few business lines in which you are a clear market leader and refocusing your efforts on other areas where profits and margins have been notoriously hard to come by.

But the past two years has not been a period in which it has necessarily been wise to follow the accepted texts.

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