CSFB will appoint David Olson as regional head of investment banking and bring Neil Harvey from New York to run the emerging markets coverage group.
It is an exciting rebound in Olson's fortunes. Olson is the go-getting American who had been given the mandate by DLJ to build a credible Asian franchise. A 15-year veteran of DLJ, he came to Asia in 1999 after managing DLJ's US financial institutions group. As head of DLJ in Asia he was doing a tremendous job of building an equities and corporate finance team.
But when CSFB bought DLJ last year, all those Asian plans began to unfurl. Many assumed Olson would leave Asia.