Apollo Global Management (NYSE: APO) is reportedly looking to buy a stake in Credit Suisse Group Inc’s (NYSE: CS) revamped investment bank.
Credit Suisse said last year that it would split off its investment bank into an independent capital market & advisory bank called CS First Boston.
The troubled bank said it would raise outside capital to launch the new entity, which it hopes to list in a separate initial public offering eventually.
The talks with Apollo …
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