At CSFB, Peek will oversee:
- Credit Suisse Asset Management, which manages $270 billion,
- Private Client Services, which manages about $60 billion,
- Pershing, the firm’s securities clearing business.
Peek is the former president of Merrill Lynch & Co.’s asset management division. Two months ago, he parted ways with Merrill Lynch after 18 years of service – shortly after Stan O’Neal beat him in the running for president of the company.
Peek will join CSFB’s executive board and its operating committee, reporting directly to Chief Executive John Mack, who joined the group earlier this year.