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Careers in Private Banking

Private Banking offers a wide range of banking solutions and comprehensive advice to private, corporate, and insitutional clients.

Who We Are

The Private Banking division comprises Wealth Management and Corporate & Retail Banking, the former serving some 700,000 high-net-worth individuals worldwide. Corporate & Retail Banking serves some 1.7 million retail, corporate and institutional clients in Switzerland.

Wealth Management

Our clients’ complex needs call for special care beyond traditional banking services. Wealth Management provides customized solutions in protecting, optimizing, and financing client wealth. Total market volume was some 40 trillion USD in free investable assets in 2007. With total assets under management at CHF 646 billion in Wealth Management by the end of 2008, Credit Suisse is the second largest private bank worldwide. The global market looks set to grow significantly medium-term – despite the current market disruption – driven by economic development in emerging markets, generational transfers of funds, and ongoing wealth concentration.

Corporate and Retail Banking

Switzerland’s corporate and retail banking industry is strongly tied to its overall economic environment, with competition on the rise. Under difficult business conditions, Credit Suisse focuses on high-quality advice and services. Our broad range of banking products, financial services, and investment solutions make us Switzerland’s second largest provider of solutions for private, corporate, and institutional clients. The Corporate & Retail Banking segment comprises two major businesses: Private Clients and Corporate & Institutional Clients.

Strategy

Our strategy is to continue to judiciously invest in growth, both globally and in our Swiss businesses. We have growth plans in place for all regions and will add a significant number of relationship managers to accelerate our asset gathering momentum when markets improve. With our client centricity approach, we will develop and leverage our value propositions for all targeted client segments, with a particular focus on ultra-high-net-worth individuals.

Private Banking Recognition and Awards

Credit Suisse has received recognition over the years from numerous financial publications and institutions for our service and expertise in the field of private banking.  These awards reflect our relentless focus on our clients’ needs, our innovative prowess and our skill in producing creative global financial solutions.

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Worldwide Facts and Figures

In 2008, Credit Suisse's Private Banking Division supported:
-- 2.4 million clients
-- 24,400 employees
-- CHF 788.9 billion in assets under management
-- CHF 50.9 billion in net new assets
-- Nearly 200 wealth management locations worldwide