Surface Tension

Credit Suisse First Boston has disappeared from the list of underwriters in the sale of shares of Bank Mandiri. What happened?

June 10, 2003

THE sale of the governments shares in Bank Mandiri has not been as smooth as expected. This ran into a snag that could disrupt the sale of shares of the largest bank in Indonesia. Credit Suisse First Boston (CSFB) suddenly vanished from the list of underwriters in the Bank Mandiri initial sale prospectus released to the media Tuesday last week when in fact it should have been included along with Danareksa Sekuritas and ABN Amro Asia Securities In

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