http://www.credit-suisse.com/news/en EN © 2008 Credit Suisse Sat, 17 May 2008 11:09:28 +0200 Sat, 17 May 2008 11:09:28 +0200 media.relation@credit-suisse.com webmaster.csg@credit-suisse.com 60 http://www.credit-suisse.com/news/en/index.jsp http://www.credit-suisse.com/framework/img/logo_cs.gif http://www.credit-suisse.com:80/news/en/media_release.jsp?ns=40733 Credit Suisse Group announced today that Rob Shafir has been appointed CEO of the Asset Management division. Mr. Shafir is assuming the role from David Blumer, who has accepted a senior position at Swiss Re. Wed, 02 Apr 2008 07:00:00 +0200 Swiss Business Banking Investment Banking Private Banking Corporate Reporting Asset Management Corporate Info http://www.credit-suisse.com:80/news/en/media_release.jsp?ns=40731 The president of the International Committee of the Red Cross (ICRC), Jakob Kellenberger, and the Chairman of Credit Suisse Group, Walter B. Kielholz, today signed a formal long-term partnership agreement in Zurich. By joining the ICRC Corporate Support Group, Credit Suisse undertakes to support the ICRC's humanitarian work in the years ahead. Mon, 31 Mar 2008 14:16:00 +0200 Swiss Business Banking Investment Banking Private Banking Asset Management Corporate Info http://www.credit-suisse.com:80/news/en/media_release.jsp?ns=40721 The Board of Directors of Credit Suisse Group today announced its proposals to the Annual General Meeting on April 25, 2008. The Board of Directors proposes six current members for re-election: Thomas W. Bechtler, Robert H. Benmosche, Peter Brabeck-Letmathe, Jean Lanier, Anton van Rossum and Ernst Tanner. In addition, the Board proposes the payment of an increased cash dividend of CHF 2.50 per share for the financial year 2007, as previously announced. Wed, 26 Mar 2008 07:30:00 +0100 Swiss Business Banking Investment Banking Private Banking Asset Management Corporate Info Corporate Reporting http://www.credit-suisse.com/investors/en/reports/2007_results_q4.jsp Credit Suisse Group today announced the completion of an internal review related to the revaluation of certain asset-backed securities positions in the Collateralized Debt Obligations (CDO) trading business within its Investment Banking division. Credit Suisse recorded a total valuation reduction of CHF 2.86 billion (USD 2.65 billion), of which CHF 1.18 billion is related to the fourth quarter of 2007, and CHF 1.68 billion to the first quarter of 2008. Net income for Credit Suisse for the fourth quarter and full-year 2007 has been revised by CHF 789 million to CHF 540 million, and CHF 7'760 million, respectively. Thu, 20 Mar 2008 07:00:00 +0100 Swiss Business Banking Investment Banking Asset Management Private Banking Corporate Info Corporate Reporting Research, studies, publications http://www.credit-suisse.com/investors/en/reports/2007_results_q4.jsp Credit Suisse Group today announced the completion of an internal review related to the revaluation of certain asset-backed securities positions in the Collateralized Debt Obligations (CDO) trading business within its Investment Banking division. Credit Suisse recorded a total valuation reduction of CHF 2.86 billion (USD 2.65 billion), of which CHF 1.18 billion is related to the fourth quarter of 2007, and CHF 1.68 billion to the first quarter of 2008. Net income for Credit Suisse for the fourth quarter and full-year 2007 has been revised by CHF 789 million to CHF 540 million, and CHF 7'760 million, respectively. Thu, 20 Mar 2008 07:00:00 +0100 Swiss Business Banking Corporate Reporting Corporate Info Research, studies, publications Investment Banking Asset Management Private Banking http://www.credit-suisse.com:80/news/en/media_release.jsp?ns=40710 Credit Suisse is now offering a new form of financing for corporate clients based in Switzerland. Factoring is designed to meet the growing need of SMEs and larger companies for a financing model that is more closely aligned to their volume of sales. Under factoring, cash flow increases in line with turnover, thus allowing for the targeted acceleration of business growth while ensuring a company's ability to pay. In addition, factoring can help companies to better manage their accounts receivable and cash flow, improve creditworthiness, and protect against non-payment in Switzerland and abroad. Factoring services from Credit Suisse are available for companies that engage in business-to-business sales with a solid and diversified client base. In addition, those companies must generate annual sales of at least CHF 1 million at present or in the near future. Mon, 17 Mar 2008 09:57:00 +0100 Swiss Business Banking http://www.credit-suisse.com:80/news/en/media_release.jsp?ns=40700 Today marks the official opening of the new branch of Credit Suisse at the Shopping Arena in St. Gallen-Winkeln. Clients can enjoy the services of experienced client advisors, as well as a self-service zone with cash dispensers. Another novelty is the customer service concept, which offers clients more personalized advice of greater individual variety. On March 18, 2008, Credit Suisse is organizing an opening event with various attractions - including, for example, an autograph-signing session with Köbi Kuhn, the coach of the Swiss national football team. Thu, 06 Mar 2008 12:21:00 +0100 Swiss Business Banking Private Banking http://www.credit-suisse.com:80/news/en/media_release.jsp?ns=40693 Starting Monday, February 25, 2008 until an estimated completion date of fall 2008 the branch of Credit Suisse at Zentralstrasse 42 in Bienne will undergo comprehensive renovation. In particular, the client zones will be modernized. The main entrance will be relocated to the corner facing Zentralplatz. The branch will remain closed during the renovation work, with clients being served in well-equipped provisional facilities situated in close proximity. Thu, 21 Feb 2008 16:48:00 +0100 Swiss Business Banking Private Banking http://www.credit-suisse.com:80/news/en/media_release.jsp?ns=40676 Barend Fruithof is to take over as Head of Corporate Clients for Credit Suisse in Switzerland as of May 1, 2008. He was most recently Chief Financial Officer and Member of the Executive Board of Raiffeisen Group. In this position, Barend Fruithof was responsible for the financial management of Raiffeisen Group encompassing the following areas: controlling, accounting, risk management, legal and compliance, credit risk management, IT architecture, new banking platform, and corporate development. He will take over from Josef Meier, who has been designated Chairman of the Board of Directors of the Neue Aargauer Bank (NAB). Josef Meier will remain a member of the Regional Management Board of Credit Suisse Switzerland. In this role, he will drive forward initiatives and projects that are strategically important to Credit Suisse's sustained success as an integrated bank. In addition, he will continue to represent the bank on a range of political and economic bodies. Tue, 19 Feb 2008 07:00:00 +0100 Swiss Business Banking Private Banking http://www.credit-suisse.com:80/news/en/media_release.jsp?ns=40669 In a disclosure report of February 13, 2008 pursuant to Article 21 in connection with Article 20 paragraph 1 of the Swiss Stock Exchange Act, Credit Suisse Group was notified that Olayan Investments Company Establishment currently holds 40,000,000 registered shares of Credit Suisse Group, which corresponds to 3.44% of the voting rights entered in the commercial register. This notification was issued due to the new reporting threshold of 3% in effect since December 1, 2007, lowered from the former 5%. Thu, 14 Feb 2008 07:30:00 +0100 Swiss Business Banking Investment Banking Private Banking Asset Management Corporate Reporting http://www.credit-suisse.com/investors/en/reports/2007_results_q4.jsp Credit Suisse Group reported income from continuing operations of CHF 8,549 million for the full year 2007, an increase of 3% compared to 2006. Net revenues on a core results basis also increased 3% to CHF 36,130 million in 2007. Net income in 2007 was CHF 8,549 million, down from CHF 11,327 million in 2006, which included income from discontinued operations of CHF 3,070 million. Diluted earnings per share from continuing operations for 2007 were CHF 7.65 compared to CHF 7.19 for 2006, and were CHF 1.21 for the fourth quarter of 2007 compared to CHF 2.29 for the fourth quarter of 2006. The return on equity was 19.8% in 2007 and 12.4% in the fourth quarter of 2007. Tue, 12 Feb 2008 07:00:00 +0100 Swiss Business Banking Investment Banking Asset Management Corporate Reporting Corporate Info Research, studies, publications Private Banking http://www.credit-suisse.com/investors/en/reports/2007_results_q4.jsp Credit Suisse Group reported income from continuing operations of CHF 8,549 million for the full year 2007, an increase of 3% compared to 2006. Net revenues on a core results basis also increased 3% to CHF 36,130 million in 2007. Net income in 2007 was CHF 8,549 million, down from CHF 11,327 million in 2006, which included income from discontinued operations of CHF 3,070 million. Diluted earnings per share from continuing operations for 2007 were CHF 7.65 compared to CHF 7.19 for 2006, and were CHF 1.21 for the fourth quarter of 2007 compared to CHF 2.29 for the fourth quarter of 2006. The return on equity was 19.8% in 2007 and 12.4% in the fourth quarter of 2007. Tue, 12 Feb 2008 07:00:00 +0100 Swiss Business Banking Investment Banking Asset Management Private Banking Corporate Info Corporate Reporting Research, studies, publications http://www.credit-suisse.com:80/news/en/media_release.jsp?ns=40665 Credit Suisse Group reported income from continuing operations of CHF 8,549 million for the full year 2007, an increase of 3% compared to 2006. Net revenues on a core results basis also increased 3% to CHF 36,130 million in 2007. Net income in 2007 was CHF 8,549 million, down from CHF 11,327 million in 2006, which included income from discontinued operations of CHF 3,070 million. Diluted earnings per share from continuing operations for 2007 were CHF 7.65 compared to CHF 7.19 for 2006, and were CHF 1.21 for the fourth quarter of 2007 compared to CHF 2.29 for the fourth quarter of 2006. The return on equity was 19.8% in 2007 and 12.4% in the fourth quarter of 2007. Tue, 12 Feb 2008 07:00:00 +0100 Swiss Business Banking Private Banking Corporate Reporting Corporate Info Research, studies, publications Asset Management Investment Banking http://www.credit-suisse.com:80/news/en/speech.jsp?ns=40653 Speech at the Campus for Finance, WHU, Germany Mon, 21 Jan 2008 16:06:00 +0100 Swiss Business Banking Investment Banking Private Banking Corporate Info http://www.credit-suisse.com:80/news/en/media_release.jsp?ns=40646 Fully booked hotels, capacity bottlenecks in industry and record retail sales have pushed the debate about Switzerland's low growth figures and the structural problems of some of its industries into the background. Mon, 21 Jan 2008 08:00:00 +0100 Swiss Business Banking Private Banking Research, studies, publications