Credit Suisse vs Former CS Tech Bankers
Has anyone been following the Credit Suisse vs Jefferies case?
Pretty interesting stuff here:
"It is not uncommon for an investment banker to jump from one Wall Street firm to another. It is less common for five of them - from the same team - to do it at the same time for the same rival. That's what happened at Credit Suisse's San Francisco-based technology team in May.
The bank's response, though, was also just as unlikely: In early June, just days after the bankers gave their resignation, the bank went to court asking for a forensic search of their electronics and for a judge to keep them from starting work at the rival firm, Jefferies." - Business Insider