Probe Into Csfb's Refco Role

Summary


INVESTMENT bank CSFB is under investigation by the US Securities and Exchange Commission over its role in the doomed float of commodities and futures broker Refco.

Refco collapsed last month, just two months after it floated and raised nearly $600 million (Pounds 345 million).

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Extract


Probe Into Csfb's Refco Role

Analysts believe Refco's ban...

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