Deals

Credit Suisse’s Klein Loses the Deal of His Life as Plans for First Boston Collapse

  • The rainmaker was at the center of the bank’s turnaround plans
  • His payoff could’ve surpassed $200 million in an eventual IPO
Credit Suisse’s Final Days: The Race to Avert a New Banking Crisis
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Not long ago, Michael Klein had a happy message for unhappy bankers at Credit Suisse Group AG: We’re going to get rich.

Things aren’t quite turning out that way.