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Press Release

Erin Callan Joins Credit Suisse as Head of Hedge Fund Business

New York,  July 15, 2008 Credit Suisse today announced that Erin Callan will be joining the Bank as a Managing Director and Head of its Global Hedge Fund Business. In this newly created position, Ms. Callan will join the Investment Bank Management Committee and the Global Client Steering Committee. Her appointment is effective September 2, 2008 and she will be based in New York.

In this role, Ms. Callan will spearhead Credit Suisse's strategic advisory and coverage efforts serving the hedge fund community. She will partner and coordinate closely with the businesses that support the Bank's hedge fund clients, including Prime Services, the Financial Institutions Group and Global Markets Solutions Group.

Ms. Callan joins Credit Suisse from Lehman Brothers, where she worked for 13 years, having served most recently as Chief Financial Officer and a member of the Executive Committee. Prior to becoming CFO, she was Head of Lehman's Global Hedge Fund Coverage group.

Paul Calello, CEO of Credit Suisse's Investment Bank, said: "We are delighted that Erin will be joining us. Erin will strengthen our position with our hedge fund clients who continue to be an increasingly important client base. We and our hedge fund clients will benefit from Erin's talents and experience."

Ms. Callan will also be a key addition to Credit Suisse's global Client Coverage efforts where she will oversee global hedge fund accounts for the Bank with our cross-divisional coverage network focused on hedge funds.

Rob Shafir, CEO of Asset Management and CEO of the Americas Region, said: "Erin will help us take full advantage of this key market segment as we move to rapidly extend our gains with hedge funds, building on our strong position with this high-opportunity client group. We're very pleased she has decided to join Credit Suisse and we look forward to welcoming her to the Bank."

Erin Callan said: "I'm excited to be joining Credit Suisse and look forward to working with their talented people. This gives me the opportunity to return to my roots covering the hedge fund community, which is playing such a critical role on the Street."

Enquiries:

  • Victoria Harmon, Credit Suisse, Tel. +1 212 325 6914, victoria.harmon@credit-suisse.com
  • Duncan King, Credit Suisse, Tel. +1 212 325 2590, duncan.king@credit-suisse.com
Credit Suisse
As one of the world's leading banks, Credit Suisse provides its clients with private banking, investment banking and asset management services worldwide. Credit Suisse offers advisory services, comprehensive solutions and innovative products to companies, institutional clients and high-net-worth private clients globally, as well as retail clients in Switzerland. Credit Suisse is active in over 50 countries and employs approximately 49,000 people. Credit Suisse's parent company, Credit Suisse Group, is a leading global financial services company headquartered in Zurich. Credit Suisse Group's registered shares (CSGN) are listed in Switzerland and, in the form of American Depositary Shares (CS), in New York. Further information about Credit Suisse can be found at www.credit-suisse.com.

Investment Banking
In its Investment Banking business, Credit Suisse offers securities products and financial advisory services to users and suppliers of capital around the world. Operating in 57 locations across 30 countries, Credit Suisse is active across the full spectrum of financial services products including debt and equity underwriting, sales and trading, mergers and acquisitions, investment research, and correspondent and prime brokerage services.

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