First Boston's Leiendecker Gets 'Vote Of Confidence'


First Boston Corp.'s managing director, Gil Leiendecker, who heads up the firm's propreitary trading unit, has been asked by senior management to stay on board, according to sources at the embattled investment bank. "I think that clearly is a vote of confidence on the part of senior management," says one source at the firm.

Following the voluntary resignation of its chairman, William Voute, and the resignation of Ronald Stuart and Craig Coats last week, talk had been circulating that senior m

To continue reading...