Deals and Transactions http://www.credit-suisse.com/news/en http://www.credit-suisse.com/news/en http://www.credit-suisse.com/framework/core/img/logo_cs.gif 2012 © Credit Suisse en media.relation@credit-suisse.com (Media Relation) Wed, 08 Feb 2012 00:00:00 +0100 60 webmaster.csg@credit-suisse.com (CSG Webmaster) Asset Management Corporate Info Corporate Reporting Deals and Transactions General Insurance (Winterthur) Investment Banking Life Insurance & Pensions Private Banking Research, studies, publications Swiss Business Banking Credit Suisse confirms that it is in exclusive discussions with Fortis Bank Nederland to acquire its Prime Fund Solutions business. This transaction would complement Credit Suisse's industry-leading prime services business and would be in line with the Bank’s client-focused, capital-efficient strategy. https://www.credit-suisse.com/news/en/media_release.jsp?ns=41376 https://www.credit-suisse.com/news/en/media_release.jsp?ns=41376 Fri, 18 Dec 2009 07:06:13 +0000 Asset Management Corporate Info Corporate Reporting Deals and Transactions Investment Banking Private Banking Swiss Business Banking Credit Suisse announces that it has reached a settlement with the New York County District Attorney’s Office, the United States Department of Justice, the Board of Governors of the Federal Reserve System and the Federal Reserve Bank of New York, and the Office of Foreign Assets Control ("OFAC"). The settlement relates to a previously disclosed investigation into US dollar payments during the period 2002 to April 2007 involving parties that are subject to US economic sanctions. As part of the settlement, Credit Suisse has entered into deferred prosecution agreements and an agreement with OFAC and will pay a total of USD 536 million combined. https://www.credit-suisse.com/news/en/media_release.jsp?ns=41372 https://www.credit-suisse.com/news/en/media_release.jsp?ns=41372 Wed, 16 Dec 2009 16:33:31 +0000 Asset Management Corporate Info Corporate Reporting Deals and Transactions Investment Banking Private Banking Swiss Business Banking Credit Suisse confirms that it is in advanced settlement discussions with the New York County District Attorney’s Office, the United States Department of Justice, the Board of Governors of the Federal Reserve System and the Federal Reserve Bank of New York, and the Office of Foreign Assets Control ("OFAC"). The discussions relate to a previously disclosed investigation into US dollar payments during the period 2002 to April 2007 involving parties that are subject to US economic sanctions. As part of the settlement, Credit Suisse is likely to pay a total of USD 536 million combined. https://www.credit-suisse.com/news/en/media_release.jsp?ns=41371 https://www.credit-suisse.com/news/en/media_release.jsp?ns=41371 Tue, 15 Dec 2009 19:32:33 +0000 Asset Management Corporate Info Corporate Reporting Deals and Transactions Investment Banking Private Banking Swiss Business Banking Credit Suisse Securities (USA) LLC ("Credit Suisse") and Deutsche Bank Securities, Inc. ("Deutsche Bank"), today announced that they have entered into an agreement with Huntsman Corporation ("Huntsman") to end all litigation among Credit Suisse, Deutsche Bank and their affiliates and Huntsman. https://www.credit-suisse.com/news/en/media_release.jsp?ns=41211 https://www.credit-suisse.com/news/en/media_release.jsp?ns=41211 Tue, 23 Jun 2009 15:45:32 +0000 Asset Management Corporate Info Corporate Reporting Deals and Transactions Investment Banking Private Banking Swiss Business Banking Credit Suisse today announced it had signed an agreement to sell part of its Global Investors ("GI") traditional asset management business in return for up to 24.9% of the enlarged share capital of Aberdeen Asset Management. The stake is valued at approximately CHF 381 million (GBP 250 million) as of December 30, 2008. The sale comprises CHF 75 billion of assets under management and includes the majority of the GI business in Europe, the US, and Asia Pacific. In Switzerland, Credit Suisse will maintain its market leading asset management franchise, while the management of a small number of Swiss-domiciled funds will transfer to Aberdeen. Credit Suisse will continue to operate its Global Investor business in Brazil and through its various joint ventures across the globe. https://www.credit-suisse.com/news/en/media_release.jsp?ns=41016 https://www.credit-suisse.com/news/en/media_release.jsp?ns=41016 Wed, 31 Dec 2008 07:00:30 +0000 Asset Management Corporate Info Corporate Reporting Deals and Transactions Investment Banking Private Banking Research, studies, publications Swiss Business Banking Credit Suisse today announced a number of strategic measures to reflect the continuing evolution of the financial markets over the past year. https://www.credit-suisse.com/news/en/media_release.jsp?ns=41002 https://www.credit-suisse.com/news/en/media_release.jsp?ns=41002 Thu, 4 Dec 2008 05:55:18 +0000 Asset Management Corporate Info Corporate Reporting Deals and Transactions Investment Banking Private Banking Research, studies, publications Swiss Business Banking Credit Suisse Group today announced the acquisition on behalf of its Alternative Investments business of a majority interest in Asset Management Finance Corporation (AMF) from National Bank of Canada's merchant banking subsidiary (National Bank). Credit Suisse Group will acquire over 80% of AMF for USD 384 million of newly issued Credit Suisse Group stock. AMF provides capital to asset managers in exchange for a passive, non-voting, limited term interest in a manager's future revenues. https://www.credit-suisse.com/news/en/media_release.jsp?ns=40873 https://www.credit-suisse.com/news/en/media_release.jsp?ns=40873 Tue, 26 Aug 2008 05:00:02 +0000 Asset Management Corporate Info Corporate Reporting Deals and Transactions Investment Banking Private Banking Swiss Business Banking In a disclosure report of May 29, 2008, Credit Suisse Group AG was notified that as of May 23, 2008, Merrill Lynch's holding in registered shares and derivatives of Credit Suisse Group AG through various group companies had fallen below the reporting threshold of 3% of the voting rights entered in the commercial register. https://www.credit-suisse.com/news/en/media_release.jsp?ns=40809 https://www.credit-suisse.com/news/en/media_release.jsp?ns=40809 Mon, 2 Jun 2008 15:45:51 +0000 Asset Management Corporate Info Corporate Reporting Deals and Transactions Investment Banking Private Banking Swiss Business Banking In a disclosure report of May 28, 2008 pursuant to the Swiss Stock Exchange Act, Credit Suisse Group AG was notified that as of May 22, 2008, Merrill Lynch held registered shares and derivatives of Credit Suisse Group AG corresponding to 3.002% of the voting rights entered in the commercial register through various group companies listed below. This exceeded the reporting threshold of 3%. https://www.credit-suisse.com/news/en/media_release.jsp?ns=40805 https://www.credit-suisse.com/news/en/media_release.jsp?ns=40805 Fri, 30 May 2008 15:45:21 +0000 Asset Management Corporate Info Corporate Reporting Deals and Transactions Investment Banking Private Banking Swiss Business Banking In a disclosure report of May 16, 2008, pursuant to the Swiss Stock Exchange Act, Credit Suisse Group AG was notified that as of April 14, 2008, Merrill Lynch held registered shares and derivatives of Credit Suisse Group AG corresponding to 3.15% of the voting rights entered in the commercial register through various group companies listed below. The reporting threshold of 3% had thus been exceeded. https://www.credit-suisse.com/news/en/media_release.jsp?ns=40789 https://www.credit-suisse.com/news/en/media_release.jsp?ns=40789 Tue, 20 May 2008 15:45:12 +0000 Asset Management Corporate Reporting Deals and Transactions Investment Banking Private Banking Swiss Business Banking Credit Suisse announced today that it has agreed to acquire the corporate advisory business of Hindal. This acquisition will further strengthen Credit Suisse's private banking capabilities in Australia through providing corporate advisory services to small-to-mid cap businesses. https://www.credit-suisse.com/news/en/media_release.jsp?ns=40772 https://www.credit-suisse.com/news/en/media_release.jsp?ns=40772 Tue, 22 Apr 2008 09:30:27 +0000 Deals and Transactions Private Banking DLJ Merchant Banking Partners ("DLJMB"), a private equity investment affiliate of Credit Suisse, announced that it has acquired a controlling interest in Den-Mat Holdings, LLC ("Den-Mat"), a leading manufacturer and marketer of minimally invasive dental products for cosmetic and professional dentists, with LUMINEERS® as its flagship product. The transaction closed in December 2007. https://www.credit-suisse.com/news/en/media_release.jsp?ns=40635 https://www.credit-suisse.com/news/en/media_release.jsp?ns=40635 Tue, 8 Jan 2008 21:40:13 +0000 Deals and Transactions Investment Banking Credit Suisse today announced it has appointed Ben Ngai as a Director in the Asia ex-Japan Sponsor Coverage team, with a particular focus on China. Mr. Ngai will be based in Hong Kong and will report to Matt Whineray, Head of Sponsor Coverage Asia ex-Japan, and Zhang Liping, Chairman and Head of China Investment Banking. https://www.credit-suisse.com/news/en/media_release.jsp?ns=40496 https://www.credit-suisse.com/news/en/media_release.jsp?ns=40496 Wed, 19 Sep 2007 11:48:08 +0000 Deals and Transactions Investment Banking Credit Suisse today announced that it has appointed Robert Jesudason as a Managing Director and Head of the Financial Institutions Group for Asia ex-Japan. Mr. Jesudason will be based in Hong Kong and will report to Vikram Gandhi, Head of the Financial Institutions Group based in New York, and Paul Raphael, Head of the Investment Banking Department for Asia Pacific ex-Japan. https://www.credit-suisse.com/news/en/media_release.jsp?ns=40462 https://www.credit-suisse.com/news/en/media_release.jsp?ns=40462 Mon, 27 Aug 2007 12:20:33 +0000 Deals and Transactions Investment Banking The asset management division of Credit Suisse today announced it has been awarded an GBP 80 million 'New Balanced' diversified growth mandate from Morgan Crucible Company plc in a competitive pitch. Morgan Crucible was advised by HSBC Consultants & Actuaries. https://www.credit-suisse.com/news/en/media_release.jsp?ns=40324 https://www.credit-suisse.com/news/en/media_release.jsp?ns=40324 Thu, 19 Apr 2007 13:19:42 +0000 Asset Management Deals and Transactions Credit Suisse Group announced today that Leonhard H. Fischer, Chief Executive Officer for Credit Suisse in the Europe, Middle East and Africa region (EMEA), has resigned with immediate effect to pursue a career opportunity outside the bank. https://www.credit-suisse.com/news/en/media_release.jsp?ns=40301 https://www.credit-suisse.com/news/en/media_release.jsp?ns=40301 Thu, 29 Mar 2007 05:20:24 +0000 Asset Management Corporate Info Corporate Reporting Deals and Transactions General Insurance (Winterthur) Investment Banking Life Insurance & Pensions Private Banking Swiss Business Banking Credit Suisse Group announced today that it has successfully completed the share repurchase program initiated on May 9, 2005. Credit Suisse Group repurchased 87,789,000 of its shares. This corresponds to a total repurchase value of CHF 6 billion. https://www.credit-suisse.com/news/en/media_release.jsp?ns=40282 https://www.credit-suisse.com/news/en/media_release.jsp?ns=40282 Fri, 16 Mar 2007 13:36:11 +0000 Corporate Info Corporate Reporting Deals and Transactions Credit Suisse Group is pleased to announce that Leonhard Fischer, Chief Executive Officer of Winterthur, will be appointed Chief Executive Officer of the Europe, Middle East and Africa (EMEA) region. In this role, Leonhard Fischer will report to Oswald J. Grübel, Chief Executive of Credit Suisse and will join the Executive Board of the bank. He will be based in London and will assume his new responsibilities on March 1, 2007. Michael Philipp, CEO of the EMEA region, will become Chairman of Credit Suisse in the EMEA region. In this new role, Michael Philipp will focus on expanding the bank's strategic client relationships with a particular focus on the Middle East. He will also continue to play a key role developing strategy with Leonhard Fischer and driving specific initiatives in the EMEA region. Michael Philipp will remain a member of the Executive Board and will continue to report to Oswald J. Grübel. He will be based in London and assume his new responsibilities on March 1, 2007. https://www.credit-suisse.com/news/en/media_release.jsp?ns=40142 https://www.credit-suisse.com/news/en/media_release.jsp?ns=40142 Fri, 22 Dec 2006 07:00:59 +0000 Asset Management Corporate Info Corporate Reporting Deals and Transactions General Insurance (Winterthur) Investment Banking Life Insurance & Pensions Private Banking Swiss Business Banking Credit Suisse Group announced today that it has completed the sale of 100% of Winterthur Swiss Insurance Company ("Winterthur") to AXA, finalizing the agreement first announced on June 14, 2006. Under the agreement, Credit Suisse Group received a cash payment of CHF 12.3 billion. In addition, AXA redeemed GBP 500 million (approximately CHF 1.1 billion) of intercompany hybrid debt outstanding between Credit Suisse Group and Winterthur. https://www.credit-suisse.com/news/en/media_release.jsp?ns=40141 https://www.credit-suisse.com/news/en/media_release.jsp?ns=40141 Fri, 22 Dec 2006 06:55:19 +0000 Asset Management Corporate Info Corporate Reporting Deals and Transactions General Insurance (Winterthur) Investment Banking Life Insurance & Pensions Private Banking Swiss Business Banking DLJ Merchant Banking Partners, a private equity investment affiliate of Credit Suisse, announced today that it has completed its acquisition of Total Safety U.S., Inc. from H.I.G. Capital Partners LLC. https://www.credit-suisse.com/news/en/media_release.jsp?ns=40109 https://www.credit-suisse.com/news/en/media_release.jsp?ns=40109 Mon, 11 Dec 2006 16:30:43 +0000 Asset Management Deals and Transactions Credit Suisse Group was informed through disclosure notifications on September 19 and 20, 2006, that AXA S.A.'s holdings of Credit Suisse Group shares have now exceeded 5% of the voting rights entered in the Commercial Register. As of September 15, 2006, AXA. S.A. held 84,689,336 registered shares in Credit Suisse Group, corresponding to 6.98% of the voting rights. https://www.credit-suisse.com/news/en/media_release.jsp?ns=39983 https://www.credit-suisse.com/news/en/media_release.jsp?ns=39983 Wed, 20 Sep 2006 22:00:00 +0000 Asset Management Corporate Reporting Deals and Transactions Investment Banking Private Banking Connecticut School of Broadcasting, Inc. and its subsidiaries (CSB) announced today that the sale of the business to a new investor group from founder Dick Robinson has been completed. DLJ Growth Capital Partners, an affiliate of DLJ Merchant Banking Partners (DLJMB), a private equity investment affiliate of Credit Suisse, is partnering with Brian Stone and Scott Knight, founders and General Partners of KNIGHTSTONE Media (KSM), to acquire CSB. https://www.credit-suisse.com/news/en/media_release.jsp?ns=39888 https://www.credit-suisse.com/news/en/media_release.jsp?ns=39888 Sun, 9 Jul 2006 22:00:00 +0000 Deals and Transactions Investment Banking DLJ Merchant Banking Partners ("DLJMB"), the private equity investment affiliate of Credit Suisse, announced today that it has executed a definitive agreement to acquire United Site Services, Inc. ("USS" or the "Company") from Odyssey Investment Partners, LLC. The transaction is expected to close in June 2006. Credit Suisse is advising DLJMB and providing financing for the transaction. https://www.credit-suisse.com/news/en/media_release.jsp?ns=39830 https://www.credit-suisse.com/news/en/media_release.jsp?ns=39830 Sun, 21 May 2006 22:00:00 +0000 Deals and Transactions Investment Banking Credit Suisse today announced the acquisition of Guilford Capital Corporation, a finance company specializing in the acquisition and syndication of federal and state tax credits primarily for low income housing projects. https://www.credit-suisse.com/news/en/media_release.jsp?ns=39812 https://www.credit-suisse.com/news/en/media_release.jsp?ns=39812 Tue, 16 May 2006 22:00:00 +0000 Deals and Transactions Investment Banking As of the beginning of 2007, Credit Suisse is planning to merge its private banks Clariden Bank, BGP Banca di Gestione Patrimoniale, Bank Hofmann and Bank Leu plus the securities dealer Credit Suisse Fides to form a single autonomous bank. The new private bank will appear under the brand name Clariden Leu. http://www.credit-suisse.com/who_we_are/en/clariden_leu.html http://www.credit-suisse.com/who_we_are/en/clariden_leu.html Wed, 26 Apr 2006 22:00:00 +0000 Deals and Transactions Private Banking Credit Suisse is pleased to announce that it has agreed with China Poly Group Corporation to take an equity participation in a newly established Finance Company. The new company will provide financial management services exclusively to the China Poly Group Corporation and its affiliates. https://www.credit-suisse.com/news/en/media_release.jsp?ns=39629 https://www.credit-suisse.com/news/en/media_release.jsp?ns=39629 Tue, 10 Jan 2006 23:00:00 +0000 Corporate Info Deals and Transactions Credit Suisse Group today announced that the Independent Actuary designated in the Sale and Purchase Agreement (SPA) between XL Insurance (Bermuda) Limited ("XL") and Winterthur Swiss Insurance Company ("Winterthur") regarding the sale of Winterthur International in 2001, has released the Final Reports regarding the estimates of the Seasoned Net Reserves Amount and the Seasoned Net Premium Receivable Amount. https://www.credit-suisse.com/news/en/media_release.jsp?ns=39576 https://www.credit-suisse.com/news/en/media_release.jsp?ns=39576 Mon, 5 Dec 2005 23:00:00 +0000 Deals and Transactions General Insurance (Winterthur) Life Insurance & Pensions Credit Suisse Asset Management, today announced it has been awarded an GBP 86 million short dated cash mandate from the multi-manager subsidiary of Sanlam, South Africa's second largest life, pensions and asset management company, through a competitive tender. https://www.credit-suisse.com/news/en/media_release.jsp?ns=39505 https://www.credit-suisse.com/news/en/media_release.jsp?ns=39505 Wed, 28 Sep 2005 22:00:00 +0000 Asset Management Deals and Transactions Credit Suisse today announced that it is using SunGard's automated matching and reconciliation solution, intelliMATCH, to power its new outsourcing offering, Reconciliations Partner. https://www.credit-suisse.com/news/en/media_release.jsp?ns=39481 https://www.credit-suisse.com/news/en/media_release.jsp?ns=39481 Wed, 31 Aug 2005 22:00:00 +0000 Deals and Transactions Credit Suisse announced today that it has been appointed by Arab Bank plc as its global provider of Continuous Linked Settlement (CLS) services. The planned go-live is Q4 2005. https://www.credit-suisse.com/news/en/media_release.jsp?ns=39480 https://www.credit-suisse.com/news/en/media_release.jsp?ns=39480 Tue, 30 Aug 2005 22:00:00 +0000 Deals and Transactions