Salinger To Helm New Unit; Franzilli Named CSFB's CIO

MANAGEMENT AND STRATEGY

CS Holding plans to merge the back-office securities processing units of its various European subsidiaries into a separate company, based in London, that will be launched on July 1. The new Credit Suisse unit will also make its securities processing services available to other firms after the first year of operations. Credit Suisse has no plans to merge the securities processing units of its subsidiaries outside Europe at this time. Ross Salinger, former managing director and chief information

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