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CSFBi, which was called Credit Suisse Financial Products during the time in question, is part of Swiss investment banking business Credit Suisse Group.
London-based Credit Suisse Financial Products (CSFP) was ordered Thursday to pay 40 million yen in fines for violating the Japanese Banking Law by obstructing a government inspection of its Tokyo branch.
Among them was the Tokyo department of Credit Suisse Financial Products for which the penalty suspends part of its operations immediately, and revokes its banking license Nov.
Under the holding company whose name, subject to the necessary approvals, will be changed to Credit Suisse Group, the existing companies in the Group, including Credit Suisse, Swiss Volksbank, Bank Leu, Credit Suisse Financial Products and CS First Boston, will be reorganized into four distinct specialized business units, organized opposite four client segments:
Gaston also worked as an Accountant and IT Systems Project Manager at Credit Suisse Financial Products and as an Assistant Treasurer with Global Financial Controlling at Bankers Trust NA.
The British headquarters of Credit Suisse Financial Products (CSFP) pleaded not guilty Tuesday at the Tokyo District Court to charges of violating the Banking Law by obstructing a Japanese government inspection of its Tokyo branch.
This latter bank will absorb the current activities of CS First Boston and Credit Suisse Financial Products, a derivative products unit.
Following qualification as a Chartered Management Accountant in 1986 he has pursued a fifteen-year career in information technology management within the financial services industry, working for companies such as Midland Montagu, Bankers Trust, Credit Suisse Financial Products and NatWest Capital Markets.