LONDON - Credit Suisse First Boston, the investment banking unit of the Swiss banking giant Credit Suisse, announced a senior management shuffle in its mergers and acquisitions advisory business.
Donald Meltzer, who was head of European mergers and acquisitions, will move to New York to be co-head of global M&A, sharing that title with Steve Koch, Scott Lindsay, and Gordon Rich. Mr. Meltzer will be replaced as head of European M&A by Carlo Calabria and Norbert Reis, who will be co-heads of that group.
In a statement, the company credited Mr. Meltzer for helping to boost Credit Suisse First Boston's presence in the European M&A scene over the last three years. For all of 1999, the company ranked eighth in European M&A, with 111 deals and a 16.6% market share, according to Thomson Financial/Securities Data. Through the beginning of June Credit Suisse ranked third, with 65 deals and a 22% market share.
Mr. Meltzer will continue to lead Credit Suisse First Boston's transatlantic M&A deal activity, the company said.