RUSSIA - ING Bank (Eurasia) is to boost its assets in custody by $2bn in Russia with the acquisition of Credit Suisse First Boston's custody unit, as CSFB looks to focus on its core businesses.
But the move could entail around one-third of the local CSFB staff being axed. The move will increase ING’s client base by almost 50%, adding more than 140 clients to its existing 300-strong ros...
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