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Ten years on: Mack at CSFB

Ten years ago this week, John Mack was appointed chief executive of Credit Suisse First Boston. Three years later, he exited after a strategy dispute. Here is a look at Mack the Knife’s tenure at the investment bank

Ten years ago this week, John Mack was appointed chief executive of Credit Suisse First Boston. Three years later, he exited after a strategy dispute. Here is a look at Mack the Knife’s tenure at the investment bank.

During Mack's time at the bank, Credit Suisse Group streamlined its business. The Swiss-American banking conglomerate cut almost 10,000 jobs and sold off several assets, including the underperforming Italian operation of Winterthur. The Mack era was also a time of relative contraction though.

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