CSFB Plans Zurich Expansion Of Market Making Operations

BANKS

ZURICH--Credit Suisse First Boston (CSFB) is planning to expand its FX trading desk in Zurich by up to 20 per cent this year, says Philip Vasan, global head of FX in New York. The expansion will include both internal and external hires and is aimed at boosting the bank's market making capability across the currency range for the European time zone, he adds.

"As a global liquidity provider, we are increasing our presence generally in the spot market," says Vasan. "Zurich and London are central