(May 3 – 09:30 ET) – Credit Suisse First Boston is launching private client services for high net worth investors in Toronto and Montreal.

CSFB currently provides investment banking, research, sales and trading services to institutional investors in Canada. CSFB has hired Stuart Raftus, former national sales manager at Merrill Lynch Canada Inc., to head this effort. Raftus was the head of retail for Merrill and its predecessor Midland Walwyn, in Canada, from 1995 to 1999. He spent the last two years with Merrill Lynch in New York.

CSFB currently has over 550 private client advisors globally, focused on the financial needs of high net worth individuals and smaller institutional clients.
-IE Staff