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Apollo Global Management is in talks to inject the funds to support the leveraged-finance business of Credit Suisse Group's investment banking spinoff First Boston, potentially making it one of the biggest backers of the Swiss lender's revamp.
Cohen joined the firm in August as a strategic adviser.
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Joel Chalhoub joins the Swiss bank, which has snared a handful of rainmakers in the last two years, but the spectre of staggered bonuses hang over the Street.
Credit Suisse stocks plunged nearly 15 percent on Thursday as the scandal-plagued Swiss banking giant posted its biggest annual loss since the 2008 financial