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Credit Suisse CEO Squashes Bear Stearns Takeout Talk

Stock quotes in this article: CS , BSC , BCS , C , MER , CFC  

Updated from 2:19 p.m. EST

Credit Suisse(CS Quote) Chief Executive Brady Dougan has dismissed market rumors that the Swiss bank might make a run at beleaguered investment house Bear Stearns (BSC Quote) to senior bankers at his firm.

Dougan told Credit Suisse bankers during the World Economic Forum in Davos, Switzerland, last week that a hook-up between the Swiss giant and Bear Stearns was a non-starter, bankers attending the industry forum with the CEO tell TheStreet.com.

A spokesman at Bear declined to comment. A Credit Suisse representative in New York also declined to comment. ...

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