Investment Banking http://www.credit-suisse.com/news/fr http://www.credit-suisse.com/news/fr http://www.credit-suisse.com/framework/core/img/logo_cs.gif 2012 © Credit Suisse fr media.relation@credit-suisse.com (Media Relation) Thu, 09 Feb 2012 00:00:00 +0100 60 webmaster.csg@credit-suisse.com (CSG Webmaster) Asset Management Communication d'entreprise Corporate Info Investment Banking Investment banking Private Banking Reporting d'entreprise Research, studies, publications Research, études, publications Swiss Business Banking Les résultats pour l'exercice 2011 ont été affectés par le faible volume d'affaires clientèle, par la force du franc suisse par rapport à 2010 et par plusieurs éléments particuliers, principalement liés aux efforts de réduction des coûts et à l'évolution de la stratégie de la banque. https://www.credit-suisse.com/news/fr/media_release.jsp?ns=41936 https://www.credit-suisse.com/news/fr/media_release.jsp?ns=41936 Thu, 9 Feb 2012 05:28:48 +0000 Asset Management Communication d'entreprise Investment banking Private Banking Reporting d'entreprise Research, études, publications Swiss Business Banking (non disponible en français) 4Q11 net loss attributable to shareholders of CHF 637 million, Core Results pre-tax loss of CHF 998 million, including negative impact of aggregate CHF 981 million from realignment costs, strategic exits from businesses and the accelerated Basel III risk-weighted assets reduction https://www.credit-suisse.com/investors/en/reports/2011_results_q4.jsp https://www.credit-suisse.com/investors/en/reports/2011_results_q4.jsp Thu, 9 Feb 2012 05:28:41 +0000 Asset Management Corporate Info Investment Banking Private Banking Pour le 4T11, perte nette distribuable aux actionnaires de 637 millions de francs, perte avant impôts (résultats de base) de 998 millions de francs, y compris l'impact négatif de 981 millions de francs au total provenant de coûts de réalignement, de l’abandon stratégique d’activités et de la réduction accélérée des actifs pondérés en fonction des risques conformément à Bâle III http://www.credit-suisse.com/investors/en/reports/2011_results_q4.jsp http://www.credit-suisse.com/investors/en/reports/2011_results_q4.jsp Thu, 9 Feb 2012 05:28:17 +0000 Asset Management Communication d'entreprise Investment banking Private Banking Reporting d'entreprise Research, études, publications Swiss Business Banking (non disponible en français) The Credit Suisse Global Investment Returns Yearbook and Sourcebook is produced by the Credit Suisse Research Institute in collaboration with London Business School authors Elroy Dimson, Paul Marsh and Mike Staunton. The 2012 Yearbook investigates how to protect against inflation and deflation, and how currency exposure should be steered. The chief findings are that bonds do well in deflation and benefit from currency hedging, and equities are not a perfect inflation hedge, but benefit from international diversification. Risk appetite, which conceptually draws these safety and risky assets together, is now rebounding. The accompanying Sourcebook provides a full update on investment performance since 1900 in all the main asset categories, and on risk and style premiums in global markets. Both books are published today. https://www.credit-suisse.com/upload/news-live/000000022535.pdf https://www.credit-suisse.com/upload/news-live/000000022535.pdf Tue, 7 Feb 2012 13:39:38 +0000 Investment Banking (non disponible en français) Credit Suisse is proud to introduce Credit Suisse Onyx Streaming, a new way of trading Cash U.S. Treasury securities which offers clients the ability to instantly trade on live, transparent and executable two-way streaming markets, all with a single click of a mouse. Onyx Streaming is a significant step forward in electronic trade execution for U.S. Treasuries that reflects many of the advances seen in other electronic markets such as equities, futures and foreign exchange. https://www.credit-suisse.com/news/en/media_release.jsp?ns=41939 https://www.credit-suisse.com/news/en/media_release.jsp?ns=41939 Tue, 31 Jan 2012 15:00:13 +0000 Investment Banking (non disponible en français) The Credit Suisse Research Institute today published its second annual Emerging Consumer Survey – a detailed study profiling consumer sentiment within the BRIC nations (Brazil, Russia, India and China), Turkey, Saudi Arabia, Egypt and Indonesia. Together, these consumers represent 3.5 billion people across the globe. The survey seeks to establish a unique profile of the spending patterns and preferences of consumers who are at the heart of a structural shift in global demand. https://www.credit-suisse.com/upload/news-live/000000022529.pdf https://www.credit-suisse.com/upload/news-live/000000022529.pdf Tue, 17 Jan 2012 14:11:07 +0000 Investment Banking (non disponible en français) Commodities were lower in December as macroeconomic sentiment continued to weigh on risky assets and supported a stronger US dollar. https://www.credit-suisse.com/upload/news-live/000000022523.pdf https://www.credit-suisse.com/upload/news-live/000000022523.pdf Thu, 12 Jan 2012 22:22:12 +0000 Asset Management Investment Banking (non disponible en français) Credit Suisse today announced that it has received a Broker-Dealer license in Chile which will enable the Bank to provide high-net worth and ultra-high net worth individuals in Chile with a comprehensive spectrum of wealth management services locally. The license marks another important step in Credit Suisse’s Latin America and Emerging Markets growth strategy. https://www.credit-suisse.com/news/en/media_release.jsp?ns=41920 https://www.credit-suisse.com/news/en/media_release.jsp?ns=41920 Wed, 4 Jan 2012 17:42:04 +0000 Investment Banking (non disponible en français) Credit Suisse today announced that it has signed a definitive agreement to acquire HSBC’s private banking business in Japan. https://www.credit-suisse.com/news/en/media_release.jsp?ns=41918 https://www.credit-suisse.com/news/en/media_release.jsp?ns=41918 Wed, 21 Dec 2011 15:59:08 +0000 Investment Banking (non disponible en français) Credit Suisse announced today that Peter Antico will join as Managing Director and Head North America Rates within the Bank’s Fixed Income Department, effective January 1, 2012. https://www.credit-suisse.com/news/en/media_release.jsp?ns=41917 https://www.credit-suisse.com/news/en/media_release.jsp?ns=41917 Thu, 15 Dec 2011 18:47:56 +0000 Investment Banking (non disponible en français) Credit Suisse Private Banking Research recommends a defensive investment strategy for 2012 as sovereign debt risks and global growth concerns will continue to dominate financial markets in the coming year. With domestic growth moderating, inflation easing and the outlook for global growth deteriorating, there is room for moderate monetary easing in Asia. Going into 2012, Credit Suisse Private Banking division recommends to overweight equities and alternative investments and to underweight bonds and cash as the Euro debt crisis is expected to muddle through with the global economy in a sluggish expansion phase rather than in a recession. Investors are advised to diversify among carefully selected equities, credits and alternatives and focus on domestic demand and structural growth themes in Asia. Credit Suisse Private Banking division continues to favor Asian equities and to stay overweight China, Hong Kong and Indonesia, which are domestic driven markets with policy easing potential. https://www.credit-suisse.com/upload/news-live/000000022519.pdf https://www.credit-suisse.com/upload/news-live/000000022519.pdf Wed, 14 Dec 2011 14:57:48 +0000 Investment Banking (non disponible en français) Commodities were slightly lower in November as macroeconomic sentiment continued to favor broad-based risk reduction and a stronger US Dollar for the majority of the month. https://www.credit-suisse.com/upload/news-live/000000022518.pdf https://www.credit-suisse.com/upload/news-live/000000022518.pdf Mon, 12 Dec 2011 15:55:25 +0000 Asset Management Investment Banking (non disponible en français) Credit Suisse announced today that Angela Bow has been appointed Managing Director and Market Leader for the Philippines in its Private Banking division from December 6, 2011. Based in Hong Kong, she reports to Martin Kuenzler, Managing Director and Market Area Head for Emerging Asia. In addition, Albert Ma will be joining Credit Suisse’s Private Banking division as Managing Director and Team Leader for the Philippines Market based in Hong Kong, reporting to Ms. Bow from January 18, 2012. https://www.credit-suisse.com/news/en/media_release.jsp?ns=41906 https://www.credit-suisse.com/news/en/media_release.jsp?ns=41906 Fri, 2 Dec 2011 16:00:48 +0000 Asset Management Investment Banking (non disponible en français) Credit Suisse today unveiled its Asian Equity Strategy report on the outlook for 2012, announcing a year-end target of 527 for the MSCI Asia ex-Japan Index, which represents an upside of 10-15%. The Bank’s Equity Strategists believe slowing inflation and monetary easing will be catalysts for a “reflation rally” in 2012, while China, Korea, Hong Kong and Australia are the preferred markets and Basic Materials, Financials, Energy and Real Estate are identified as the most attractive sectors. https://www.credit-suisse.com/news/en/media_release.jsp?ns=41904 https://www.credit-suisse.com/news/en/media_release.jsp?ns=41904 Fri, 2 Dec 2011 15:52:48 +0000 Asset Management Investment Banking (non disponible en français) The Dow Jones Credit Suisse Hedge Fund Index posted its largest monthly gain since April and finished up 1.73% in October. A new monthly commentary offers insight into hedge fund performance through the month of October. Some key findings from the report include: https://www.credit-suisse.com/upload/news-live/000000022497.pdf https://www.credit-suisse.com/upload/news-live/000000022497.pdf Mon, 21 Nov 2011 18:34:51 +0000 Asset Management Investment Banking (non disponible en français) Credit Suisse today announced the launch of the next generation of Algorithmic Index Platforms – Quantitative Risk Management (QRM), which provides clients with tailored solutions to gain efficient exposure to a range of systematic equity investment strategies. https://www.credit-suisse.com/upload/news-live/000000022489.pdf https://www.credit-suisse.com/upload/news-live/000000022489.pdf Thu, 17 Nov 2011 18:14:27 +0000 Asset Management Investment Banking (non disponible en français) Credit Suisse today announced that David Murray, Chair of the Future Fund Board of Guardians and the International Forum of Sovereign Wealth Funds, is joining the global financial services company as a Senior Advisor based in Australia. https://www.credit-suisse.com/news/en/media_release.jsp?ns=41893 https://www.credit-suisse.com/news/en/media_release.jsp?ns=41893 Tue, 15 Nov 2011 23:26:13 +0000 Asset Management Investment Banking (non disponible en français) The Dow Jones Credit Suisse Hedge Fund Index (the “Broad Index”) rebounded from September losses to start the fourth quarter up 1.73%. https://www.credit-suisse.com/upload/news-live/000000022488.pdf https://www.credit-suisse.com/upload/news-live/000000022488.pdf Tue, 15 Nov 2011 16:38:04 +0000 Asset Management Investment Banking Le Credit Suisse a l’intention d’intégrer pleinement Clariden Leu dans son organisation. Les réductions de coûts annuelles récurrentes attendues, de l’ordre de 200 millions de CHF, font partie des mesures annoncées visant à augmenter de 800 millions de CHF d’ici à 2014 la contribution de Private Banking au bénéfice avant impôts du Groupe. Hans-Ulrich Meister, Chief Executive Officer Private Banking du Credit Suisse, a été élu président du Conseil d’administration de Clariden Leu et Hanspeter Kurzmeyer nommé nouveau CEO. L’intégration devrait être achevée d’ici à la fin 2012 au niveau tant juridique qu’opérationnel. La diminution des postes s’y rapportant s’inscrit dans le cadre des mesures annoncées le 1er novembre 2011 et prévoyant une réduction du personnel du Credit Suisse Group d’environ 3% sur deux ans. https://www.credit-suisse.com/news/fr/media_release.jsp?ns=41891 https://www.credit-suisse.com/news/fr/media_release.jsp?ns=41891 Tue, 15 Nov 2011 06:06:12 +0000 Asset Management Communication d'entreprise Investment banking Private Banking Reporting d'entreprise Research, études, publications Swiss Business Banking (non disponible en français) 9M11 Core Results pre-tax income of CHF 3,747 million, net income attributable to shareholders of CHF 2,590 million, return on equity of 10.7%, underlying* return on equity of 11.8%, net new assets of CHF 40.5 billion Continued strong capital position with Basel 2 tier 1 ratio of 17.7%, Basel 2.5 core tier 1 ratio of 10.0% and liquid balance sheet with net stable funding ratio (NSFR) of 97%; client deposits remain largest source of funding and grew by CHF 15 billion to CHF 278 billion Credit Suisse takes steps to further evolve integrated strategy with significant reduction of risk-weighted assets in Investment Banking, measures to underpin leading profitability in Private Banking and increased allocation of resources to faster-growing and large marketsPreviously announced expense run-rate reduction of CHF 1.0 billion effective January 1, 2012 increased to CHF 1.2 billion – including further reductions delivered through 2012 and 2013 overall expense run-rate reduction of CHF 2.0 billion https://www.credit-suisse.com/investors/en/reports/2011_results_q3.jsp https://www.credit-suisse.com/investors/en/reports/2011_results_q3.jsp Tue, 1 Nov 2011 05:28:58 +0000 Asset Management Corporate Info Investment Banking Private Banking Les résultats du 3T11 influencés par un environnement de marché global difficile et des éléments particuliers - Nouveau gain de parts de marché dans un environnement volatil - Bénéfice avant impôts (résultats de base) de 1036 millions de francs, bénéfice net distribuable aux actionnaires de 683 millions de francs, produits nets (résultats de base) de 6817 millions de francs, bénéfice net dilué par action de 0.53 franc, afflux net de nouveaux capitaux de 7,1 milliards de francs, rendement des fonds propres de 8,7% - Provisions pour litiges de 295 millions de francs liées à l'affaire fiscale aux Etats-Unis ainsi que 183 millions de francs (150 millions d'euros) en relation avec les affaires fiscales en Allemagne - En excluant les gains de valeur juste sur la dette du Credit Suisse et sur des dérivés individuels liés à certains de ses propres engagements de financement, les provisions pour litiges en relation avec les affaires fiscales aux Etats-Unis et en Allemagne ainsi que les dépenses relatives aux initiatives d'efficience des coûts, le bénéfice avant impôts ajusté* s'est élevé à 519 millions de francs et le bénéfice net ajusté* à 441 millions de francs Résultats des segments - A Private Banking, bénéfice avant impôts de 183 millions de francs, incluant des provisions pour litiges de 478 millions de francs liées aux affaires fiscales aux Etats-Unis et en Allemagne; produits nets de 2610 millions de francs; afflux net de nouveaux capitaux de 7,4 milliards de francs, dont 6,6 milliards à Wealth Management Clients avec un fort afflux dans les segments des clients ultra-high-net-worth individual (UHNWI) et des marchés émergents - A Investment Banking, perte avant impôts de 190 millions de francs, reflétant l'environnement de marché difficile et volatil; produits nets de 2494 millions de francs incluant des gains significatifs sur debit valuation adjustments (DVA) en relation avec certaines dettes sur Notes structurés - A Asset Management, bénéfice avant impôts de 92 millions de francs; afflux net de nouveaux capitaux de 0,2 milliard de francs; produits nets de 471 millions de francs; amélioration de la marge basée sur les commissions, à 48 points de base au 3T11, contre 44 points de base au 2T11 et 42 points de base au 3T10 Renforcement de notre stratégie intégrée orientée clientèle et efficiente en termes de capital - Affinement de la stratégie à Investment Banking avec pour objectif une réduction d'approximativement 50% des actifs pondérés en fonction des risques pro forma selon Bâle 3 dans les affaires Fixed Income d'ici à 2014, ce qui fera baisser la part de Fixed Income dans les actifs pondérés en fonction des risques du Groupe d'environ 55% à 39%; rapprochement du portefeuille d'Investment Banking avec Private Banking et Asset Management; redéploiement du capital et des ressources en faveur des activités de croissance - Concentration sur le portefeuille de Private Banking en améliorant la productivité des activités mondiales onshore de Private Banking; amélioration du modèle de prestations de service offshore; investissement dans le segment des clients ultra-high-net-worth individual et gains de parts de marché supplémentaires en Suisse tout en augmentant l'efficience de la plate-forme suisse; accroissement de 800 millions de francs d'ici à 2014 - hors croissance induite par le marché - de la contribution de Private Banking au bénéfice avant impôts du Groupe - A Asset Management, extension de la gamme de produits alternatifs en collaboration avec Private Banking et Investment Banking, poursuite de l'augmentation des revenus basés sur les commissions et des réductions de coûts - Allocation de ressources aux grands marchés et aux marché à croissance plus rapide, notamment au Brésil, en Asie du Sud-Est, en Grande Chine et en Russie, dont les revenus devraient passer de 15% de ceux du Groupe en 2010 à 25% d'ici à 2014 - La réduction du taux de frais déjà annoncée de 1,0 milliard de francs au 1er janvier 2012 a augmenté à 1,2 milliard de francs; en incluant des réductions supplémentaires en 2012 et 2013, réduction globale du taux de frais de 2,0 milliards de francs - Des mesures sont définies pour accroître les synergies de coûts dans toutes les divisions, intensifier les investissements dans les activités de croissance et obtenir des rendements de premier ordre https://www.credit-suisse.com/news/fr/media_release.jsp?ns=41881 https://www.credit-suisse.com/news/fr/media_release.jsp?ns=41881 Tue, 1 Nov 2011 05:28:32 +0000 Asset Management Communication d'entreprise Investment banking Private Banking Reporting d'entreprise Research, études, publications Swiss Business Banking Pour les neuf premiers mois de 2011, bénéfice avant impôts (résultats de base) de 3747 millions de francs, bénéfice net distribuable aux actionnaires de 2590 millions de francs, rendement des fonds propres de 10,7%, rendement des fonds propres ajusté* de 11,8%, afflux net de nouveaux capitaux de 40,5 milliards de francs. Capitalisation toujours élevée avec un ratio des fonds propres de base selon Bâle 2 de 17,7%, un ratio du noyau des fonds propres de base selon Bâle 2.5 de 10,0% et un bilan liquide avec un net stable funding ratio (NSFR) de 97%; les dépôts de clients, qui restent la principale source de financement, ont augmenté de 15 milliards de francs pour passer à 278 milliards de francs. Le Credit Suisse prend des dispositions pour développer encore sa stratégie intégrée en réduisant de façon significative les actifs pondérés en fonction des risques à Investment Banking, en prenant des mesures en vue de soutenir la rentabilité de premier ordre à Private Banking et en allouant davantage de ressources aux grands marchés et aux marchés à croissance plus rapide. La réduction du taux de frais déjà annoncée de 1,0 milliard de francs au 1er janvier 2012 a augmenté à 1,2 milliard de francs – en tenant compte de réductions supplémentaires en 2012 et 2013, réduction globale du taux de frais de 2,0 milliards de francs http://www.credit-suisse.com/investors/en/reports/2011_results_q3.jsp http://www.credit-suisse.com/investors/en/reports/2011_results_q3.jsp Tue, 1 Nov 2011 05:28:14 +0000 Asset Management Communication d'entreprise Investment banking Private Banking Reporting d'entreprise Research, études, publications Swiss Business Banking (non disponible en français) The Credit Suisse Research Institute today released its second annual Global Wealth Report, which finds that Asia Pacific emerges as the key contributor of global wealth growth, accounting for 36% of all global wealth creation since 2000, and 54% since January 2010. Total global wealth has increased 14% from USD 203 trillion in January 2010 to USD 231 trillion in June 2011. Emerging markets remain the main wealth growth engine, with the fastest growth seen in Latin America, Africa and Asia. In the next five years, global wealth is expected to rise by 50% to USD 345 trillion and wealth per adult to increase 40% to reach USD 70,700, led by growth in emerging markets. The Report finds that emerging markets have considerable scope to increase personal wealth given their much lower ratio of net financial assets to income and a much lower debt-income ratio than found in mature economies. Aging is also expected to increase the demand for financial assets relative to real assets like housing. https://www.credit-suisse.com/news/en/media_release.jsp?ns=41874 https://www.credit-suisse.com/news/en/media_release.jsp?ns=41874 Wed, 19 Oct 2011 02:30:14 +0000 Investment Banking Private Banking Research, studies, publications (non disponible en français) The Credit Suisse Emerging Markets Research Institute today presented the key findings of its inaugural “Asian Family Businesses Report 2011: Key Trends, Economic Contribution and Performance”. The study provides the first systematic and quantitative research on primary data of 3,568 publicly listed family businesses in 10 Asian countries for analysis of their key development trends, economic contribution and capital market performance. The analysis shows that family businesses have been a crucial source of private wealth creation in Asia and are an important pillar of the region's economies. Across the 10 Asian markets, family businesses account for around 50% of all listed companies, 32% of total market capitalization, 57% and 32% of all listed companies’ employees in South Asia and North Asia respectively. The study finds that the early life cycle development stage of Asian family businesses underpins their general growth bias. Family businesses outperformed their local benchmarks in seven of the 10 Asian markets during 2000-2010, delivering a 261% cumulative total return and compound annual growth rate of 13.7% during the period. Family businesses in China, Malaysia, Singapore and South Korea achieved the strongest outperformance in total return against their local benchmarks during the period. https://www.credit-suisse.com/news/en/media_release.jsp?ns=41862 https://www.credit-suisse.com/news/en/media_release.jsp?ns=41862 Fri, 30 Sep 2011 17:17:04 +0000 Investment Banking Research, studies, publications (non disponible en français) Highlighting the top companies who are paving the way for new moms and families everywhere, today Working Mother magazine has announced Credit Suisse as one of the 2011 Working Mother 100 Best Companies for the 9th consecutive year. https://www.credit-suisse.com/news/en/media_release.jsp?ns=41856 https://www.credit-suisse.com/news/en/media_release.jsp?ns=41856 Mon, 26 Sep 2011 19:58:12 +0000 Investment Banking (non disponible en français) Credit Suisse today launched a new multi-media advertising campaign in key markets across Europe and Asia as well as the US. Featuring current clients, the campaign highlights the bank’s commitment to helping clients realize their financial ambitions. https://www.credit-suisse.com/news/en/media_release.jsp?ns=41854 https://www.credit-suisse.com/news/en/media_release.jsp?ns=41854 Mon, 26 Sep 2011 06:00:18 +0000 Asset Management Investment Banking Private Banking Swiss Business Banking (non disponible en français) Credit Suisse today announced the launch of its Equity Market Neutral ETN, the first ETN to provide exposure to an equity market neutral strategy in an exchange traded format. https://www.credit-suisse.com/news/en/media_release.jsp?ns=41853 https://www.credit-suisse.com/news/en/media_release.jsp?ns=41853 Wed, 21 Sep 2011 14:00:27 +0000 Investment Banking Le Credit Suisse Group et le parquet de Düsseldorf (Allemagne) sont parvenus à un accord dans la procédure visant des collaborateurs du Credit Suisse. Celle-ci sera entièrement close après versement d’un montant de 150 millions d’euros (à comptabiliser au 3e trimestre 2011). Le parquet de Düsseldorf déposera aujourd’hui une demande correspondante auprès du tribunal de Düsseldorf. https://www.credit-suisse.com/news/fr/media_release.jsp?ns=41848 https://www.credit-suisse.com/news/fr/media_release.jsp?ns=41848 Mon, 19 Sep 2011 05:15:44 +0000 Asset Management Communication d'entreprise Investment banking Private Banking Swiss Business Banking (non disponible en français) Credit Suisse today announced that it had appointed Michael Mollemans Head of AES® for Japan. The appointment demonstrates Credit Suisse’s commitment to extending its long-established leadership in electronic trading in Japan. https://www.credit-suisse.com/news/en/media_release.jsp?ns=41846 https://www.credit-suisse.com/news/en/media_release.jsp?ns=41846 Thu, 15 Sep 2011 14:47:13 +0000 Investment Banking (non disponible en français) Credit Suisse announced today that it will hold its inaugural Philanthropy Campus – a series of classroom sessions for its ultra-high net worth clients – September 20 - 23, 2011. The global program is in collaboration with the George H. Heyman Center for Philanthropy and Fundraising at the New York University School of Continuing and Professional Studies (NYU-SCPS), and will take place at NYU’s Helen and Martin Kimmel Center for University Life. https://www.credit-suisse.com/news/en/media_release.jsp?ns=41845 https://www.credit-suisse.com/news/en/media_release.jsp?ns=41845 Thu, 15 Sep 2011 14:39:57 +0000 Investment Banking