CSFB Sets the Standard

STP SPECIAL REPORT

By

Kirk Kjeldsen

Handling the straight through processing efforts for one bank’s equity division is quite an undertaking. Handling the STP efforts for three is another story. At Credit Suisse First Boston, it’s a multimillion-dollar effort affecting thousands of employees.

After acquiring the equities trading business of Barclays de Zoete Wedd (now called Barclays Capital Group) in late 1997 and buying Donaldson, Lufkin & Jenrette late last year, CSFB’s Alex Lyall, managing director and global

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