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  <description>Private Banking</description>
  <link>http://www.credit-suisse.com/news/en</link>
  <title>Credit Suisse - Private Banking</title>
  <image>
   <link>http://www.credit-suisse.com/news/en</link>
   <title>Credit Suisse - Private Banking</title>
   <url>http://www.credit-suisse.com/framework/core/img/logo_cs.gif</url>
  </image>
  <copyright>2012 © Credit Suisse</copyright>
  <language>en</language>
  <managingEditor>media.relation@credit-suisse.com (Media Relation)</managingEditor>
  <pubDate>Thu, 09 Feb 2012 00:00:00 +0100</pubDate>
  <ttl>60</ttl>
  <webMaster>webmaster.csg@credit-suisse.com (CSG Webmaster)</webMaster>
  <category>Asset Management</category>
  <category>Awards</category>
  <category>Corporate Info</category>
  <category>Corporate Reporting</category>
  <category>General Insurance (Winterthur)</category>
  <category>Investment Banking</category>
  <category>Private Banking</category>
  <category>Research, studies, publications</category>
  <category>Swiss Business Banking</category>
  <item>
   <description>Full year 2011 results were impacted by low levels of client activity and the relative strength of the Swiss franc versus 2010, as well as several special items, mainly relating to cost reduction efforts and the evolution of the bank&#x2019;s strategy.</description>
   <link>https://www.credit-suisse.com/news/en/media_release.jsp?ns=41936</link>
   <title>Credit Suisse Group reports 2011 net income attributable to shareholders of CHF 1,953 million, Core Results pre-tax income of CHF 2,749 million, return on equity of 6.0%, underlying* return on equity of 7.3% </title>
   <guid>https://www.credit-suisse.com/news/en/media_release.jsp?ns=41936</guid>
   <pubDate>Thu, 9 Feb 2012 05:28:48 +0000</pubDate>
   <category>Asset Management</category>
   <category>Corporate Info</category>
   <category>Corporate Reporting</category>
   <category>Investment Banking</category>
   <category>Private Banking</category>
   <category>Research, studies, publications</category>
   <category>Swiss Business Banking</category>
  </item>
  <item>
   <description>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</description>
   <link>https://www.credit-suisse.com/investors/en/reports/2011_results_q4.jsp</link>
   <title>Credit Suisse Group reports 2011 net income attributable to shareholders of CHF 1,953 million, Core Results pre-tax income of CHF 2,749 million, return on equity of 6.0%, underlying return on equity of 7.3% </title>
   <guid>https://www.credit-suisse.com/investors/en/reports/2011_results_q4.jsp</guid>
   <pubDate>Thu, 9 Feb 2012 05:28:41 +0000</pubDate>
   <category>Asset Management</category>
   <category>Corporate Info</category>
   <category>Investment Banking</category>
   <category>Private Banking</category>
  </item>
  <item>
   <description>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</description>
   <link>http://www.credit-suisse.com/investors/en/reports/2011_results_q4.jsp</link>
   <title>Credit Suisse Group reports 2011 net income attributable to shareholders of CHF 1,953 million, Core Results pre-tax income of CHF 2,749 million, return on equity of 6.0%, underlying return on equity of 7.3% </title>
   <guid>http://www.credit-suisse.com/investors/en/reports/2011_results_q4.jsp</guid>
   <pubDate>Thu, 9 Feb 2012 05:28:17 +0000</pubDate>
   <category>Asset Management</category>
   <category>Corporate Info</category>
   <category>Corporate Reporting</category>
   <category>Investment Banking</category>
   <category>Private Banking</category>
   <category>Research, studies, publications</category>
   <category>Swiss Business Banking</category>
  </item>
  <item>
   <description>Credit Suisse announced today that it plans to fully integrate Clariden Leu into its organization. It expects to achieve further growth and annually recurring cost savings of around CHF 200 million as a result of this measure. This is part of the previously announced target to increase Private Banking's contribution to the Group's pre-tax income by CHF 800 million by 2014. Hans Ulrich Meister, Chief Executive Officer Private Banking of Credit Suisse, has been appointed Chairman of the Board of Directors of Clariden Leu. Hanspeter Kurzmeyer has been named as its new CEO. The legal and operational integration is expected to be completed by the end of 2012. The resulting job cuts are part of the 3% headcount reduction at Credit Suisse Group over two years that was announced on November 1, 2011.</description>
   <link>https://www.credit-suisse.com/news/en/media_release.jsp?ns=41891</link>
   <title>Credit Suisse to integrate Clariden Leu</title>
   <guid>https://www.credit-suisse.com/news/en/media_release.jsp?ns=41891</guid>
   <pubDate>Tue, 15 Nov 2011 06:06:12 +0000</pubDate>
   <category>Asset Management</category>
   <category>Corporate Info</category>
   <category>Corporate Reporting</category>
   <category>Investment Banking</category>
   <category>Private Banking</category>
   <category>Research, studies, publications</category>
   <category>Swiss Business Banking</category>
  </item>
  <item>
   <description>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 &#x2013; including further reductions delivered through 2012 and 2013 overall expense run-rate reduction of CHF 2.0 billion </description>
   <link>https://www.credit-suisse.com/investors/en/reports/2011_results_q3.jsp</link>
   <title>Credit Suisse Group reports 3Q11 Core Results pre-tax income of CHF 1,036 million, net income attributable to shareholders of CHF 683 million, net new assets of CHF 7.4 billion in Private Banking, return on equity of 8.7%</title>
   <guid>https://www.credit-suisse.com/investors/en/reports/2011_results_q3.jsp</guid>
   <pubDate>Tue, 1 Nov 2011 05:28:58 +0000</pubDate>
   <category>Asset Management</category>
   <category>Corporate Info</category>
   <category>Investment Banking</category>
   <category>Private Banking</category>
  </item>
  <item>
   <description>3Q11 results marked by difficult global market environment and special items - Gained further market share in volatile environment - Core Results pre-tax income of CHF 1,036 million, net income attributable to shareholders of CHF 683 million, core net revenues of CHF 6,817 million, diluted earnings per share of CHF 0.53, net new assets of CHF 7.1 billion, return on equity of 8.7% - Litigation provisions of CHF 295 million in connection with the US tax matter and CHF 183 million (EUR 150 million) in connection with the German tax matter - Excluding fair value gains on own debt and standalone derivatives related to certain of our own funding liabilities, litigation provisions for the US and the German tax matters, and expenses in connection with cost-efficiency initiatives, underlying* pre-tax income was CHF 519 million, underlying* net income attributable to shareholders was CHF 441 million Segment Results - Private Banking with pre-tax income of CHF 183 million, including CHF 478 million of litigation provisions for the US and the German tax matters; net revenues of CHF 2,610 million; net new assets of CHF 7.4 billion, of which CHF 6.6 billion in Wealth Management Clients with strong inflows in ultra-high-net-worth individual (UHNWI) client and emerging market segments  - Investment Banking with pre-tax loss of CHF 190 million, reflecting challenging and volatile market environment; net revenues of CHF 2,494 million including significant gains from debit valuation adjustments (DVA) relating to certain structured note liabilities  - Asset Management with pre-tax income of CHF 92 million; net new assets of CHF 0.2 billion; net revenues of CHF 471 million; improved fee-based margin of 48 basis points in 3Q11 versus 44 basis points in 2Q11 and 42 basis points in 3Q10 Reinforcing our integrated client-focused, capital-efficient strategy  - Refine strategy in Investment Banking targeting reduction of approximately 50% of pro-forma Basel 3 risk-weighted assets in Fixed Income by 2014 - thereby reducing Fixed Income&#x2019;s share of the Group&#x2019;s risk-weighted assets from approximately 55% to 39%; close alignment of the Investment Banking business portfolio with Private Banking and Asset Management businesses; redeploying capital and resources to growth businesses  - Focus Private Banking business portfolio by improving productivity of global onshore Private Banking footprint; improving offshore delivery model; investing in ultra-high-net-worth individual client segment and further gaining market share in Switzerland while enhancing efficiency of the Swiss platform; increasing Private Banking&#x2019;s contribution to the Group&#x2019;s pre-tax income by CHF 800 million excluding market induced growth by 2014  - In Asset Management expand range of alternative products in collaboration with Private Banking and Investment Banking, continue to grow fee-based revenues and further drive cost reductions  - Allocate resources to faster growing and large markets, especially in Brazil, Southeast Asia, Greater China and Russia, which we anticipate will grow from 15% of the Group&#x2019;s revenues in 2010 to 25% by 2014  - Previously 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 - Measures are designed to leverage cost synergies across divisions, intensify investment in growth businesses and deliver best-in-class returns</description>
   <link>https://www.credit-suisse.com/news/en/media_release.jsp?ns=41881</link>
   <title>Credit Suisse Group reports 3Q11 Core Results pre-tax income of CHF 1,036 million, net income attributable to shareholders of CHF 683 million, net new assets of CHF 7.4 billion in Private Banking, return on equity of 8.7%</title>
   <guid>https://www.credit-suisse.com/news/en/media_release.jsp?ns=41881</guid>
   <pubDate>Tue, 1 Nov 2011 05:28:32 +0000</pubDate>
   <category>Asset Management</category>
   <category>Corporate Info</category>
   <category>Corporate Reporting</category>
   <category>Investment Banking</category>
   <category>Private Banking</category>
   <category>Research, studies, publications</category>
   <category>Swiss Business Banking</category>
  </item>
  <item>
   <description>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 markets. Previously announced expense run-rate reduction of CHF 1.0 billion effective January 1, 2012 increased to CHF 1.2 billion &#x2013; including further reductions delivered through 2012 and 2013 overall expense run-rate reduction of CHF 2.0 billion. </description>
   <link>http://www.credit-suisse.com/investors/en/reports/2011_results_q3.jsp</link>
   <title>Credit Suisse Group reports 3Q11 Core Results pre-tax income of CHF 1,036 million, net income attributable to shareholders of CHF 683 million, net new assets of CHF 7.4 billion in Private Banking, return on equity of 8.7%</title>
   <guid>http://www.credit-suisse.com/investors/en/reports/2011_results_q3.jsp</guid>
   <pubDate>Tue, 1 Nov 2011 05:28:14 +0000</pubDate>
   <category>Asset Management</category>
   <category>Corporate Info</category>
   <category>Corporate Reporting</category>
   <category>Investment Banking</category>
   <category>Private Banking</category>
   <category>Research, studies, publications</category>
   <category>Swiss Business Banking</category>
  </item>
  <item>
   <description>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.</description>
   <link>https://www.credit-suisse.com/news/en/media_release.jsp?ns=41874</link>
   <title>Credit Suisse: Global wealth has soared 14% since 2010 to USD 231 trillion with the strongest growth in emerging markets</title>
   <guid>https://www.credit-suisse.com/news/en/media_release.jsp?ns=41874</guid>
   <pubDate>Wed, 19 Oct 2011 02:30:14 +0000</pubDate>
   <category>Investment Banking</category>
   <category>Private Banking</category>
   <category>Research, studies, publications</category>
  </item>
  <item>
   <description>Credit Suisse today announced that Anna Wong will join the Bank as Managing Director and Market Area Head, Greater China for Private Banking Asia Pacific from October 24, 2011. She will be based in Hong Kong reporting to Marcel Kreis, Head of Private Banking Asia Pacific. From January 2012, she will report to Francesco de Ferrari who takes over the role as Head of Private Banking Asia Pacific.</description>
   <link>https://www.credit-suisse.com/news/en/media_release.jsp?ns=41871</link>
   <title>Credit Suisse appoints Anna Wong as Market Area Head, Greater China in Private Banking Asia Pacific</title>
   <guid>https://www.credit-suisse.com/news/en/media_release.jsp?ns=41871</guid>
   <pubDate>Thu, 13 Oct 2011 14:57:15 +0000</pubDate>
   <category>Private Banking</category>
  </item>
  <item>
   <description>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&#x2019;s commitment to helping clients realize their financial ambitions.</description>
   <link>https://www.credit-suisse.com/news/en/media_release.jsp?ns=41854</link>
   <title>Credit Suisse launches new global advertising campaign</title>
   <guid>https://www.credit-suisse.com/news/en/media_release.jsp?ns=41854</guid>
   <pubDate>Mon, 26 Sep 2011 06:00:18 +0000</pubDate>
   <category>Asset Management</category>
   <category>Investment Banking</category>
   <category>Private Banking</category>
   <category>Swiss Business Banking</category>
  </item>
  <item>
   <description>Credit Suisse Group and the Public Prosecutor's Office in Düsseldorf (Germany) have reached an agreement regarding the proceedings against Credit Suisse employees. The entire proceedings are to be resolved. Credit Suisse will make a payment of EUR 150 million (to be taken in 3Q11). The relevant applications will be submitted to the Düsseldorf District Court today by the Düsseldorf Public Prosecutor's Office.</description>
   <link>https://www.credit-suisse.com/news/en/media_release.jsp?ns=41848</link>
   <title>Credit Suisse Group and Düsseldorf Public Prosecutor's Office Reach Agreement</title>
   <guid>https://www.credit-suisse.com/news/en/media_release.jsp?ns=41848</guid>
   <pubDate>Mon, 19 Sep 2011 05:15:44 +0000</pubDate>
   <category>Asset Management</category>
   <category>Corporate Info</category>
   <category>Investment Banking</category>
   <category>Private Banking</category>
   <category>Swiss Business Banking</category>
  </item>
  <item>
   <description>The "Swiss Credit Handbook 2011" comprises the credit profiles of the most important Swiss issuers and participants in the Swiss franc capital market. This year, the Handbook compiles assessments of all entities under the coverage of Credit Suisse analysts, including corporates, partner plants, cantons and cities. The handbook also examines prospects for selected issuer industries and the latest trends and topics currently dominating the economic environment, such as FX headwinds and the uncertainty surrounding sovereign debt and the economic outlook. </description>
   <link>https://www.credit-suisse.com/news/en/media_release.jsp?ns=41838</link>
   <title>Solid credit fundamentals for Swiss corporates and cantons</title>
   <guid>https://www.credit-suisse.com/news/en/media_release.jsp?ns=41838</guid>
   <pubDate>Tue, 30 Aug 2011 07:00:28 +0000</pubDate>
   <category>Private Banking</category>
   <category>Research, studies, publications</category>
   <category>Swiss Business Banking</category>
  </item>
  <item>
   <description>Credit Suisse today announced that Barbara M. Reinhard has joined as Managing Director and Chief Investment Strategist for Private Banking Americas. </description>
   <link>https://www.credit-suisse.com/news/en/media_release.jsp?ns=41826</link>
   <title>Barbara Reinhard Joins Credit Suisse as Chief Investment Strategist of Private Banking Americas</title>
   <guid>https://www.credit-suisse.com/news/en/media_release.jsp?ns=41826</guid>
   <pubDate>Mon, 1 Aug 2011 20:02:24 +0000</pubDate>
   <category>Private Banking</category>
  </item>
  <item>
   <description>Credit Suisse Group reported underlying pre-tax income of CHF 1.2 billion, underlying net income of CHF 835 million and an underlying return on equity of 10% for 2Q11. Including business realignment costs of CHF 142 million and net fair value gains of CHF 41 million on own debt and stand-alone derivatives relating to own funding liabilities, pre-tax income was CHF 1.1 billion, net income attributable to shareholders was CHF 768 million and core results net revenues were CHF 6.3 billion. The return on equity attributable to shareholders was 9.7% and diluted earnings per share totaled CHF 0.48. The Basel II tier 1 ratio was 18.2% at the end of 2Q11.</description>
   <link>https://www.credit-suisse.com/news/en/media_release.jsp?ns=41824</link>
   <title>Credit Suisse Group reports 2Q11 underlying* pre-tax income of CHF 1.2 billion and underlying net income of CHF 835 million; underlying* return on equity 10%</title>
   <guid>https://www.credit-suisse.com/news/en/media_release.jsp?ns=41824</guid>
   <pubDate>Thu, 28 Jul 2011 04:29:20 +0000</pubDate>
   <category>Asset Management</category>
   <category>Corporate Info</category>
   <category>Corporate Reporting</category>
   <category>Investment Banking</category>
   <category>Private Banking</category>
   <category>Research, studies, publications</category>
   <category>Swiss Business Banking</category>
  </item>
  <item>
   <description>Credit Suisse Group reported underlying pre-tax income of CHF 1.2 billion, underlying net income of CHF 835 million and an underlying return on equity of 10% for 2Q11. Including business realignment costs of CHF 142 million and net fair value gains of CHF 41 million on own debt and stand-alone derivatives relating to own funding liabilities, pre-tax income was CHF 1.1 billion, net income attributable to shareholders was CHF 768 million and core results net revenues were CHF 6.3 billion. The return on equity attributable to shareholders was 9.7% and diluted earnings per share totaled CHF 0.48. The Basel II tier 1 ratio was 18.2% at the end of 2Q11.</description>
   <link>https://www.credit-suisse.com/investors/en/reports/2011_results_q2.jsp</link>
   <title>Credit Suisse Group reports 2Q11 underlying* pre-tax income of CHF 1.2 billion and underlying net income of CHF 835 million; underlying* return on equity 10%</title>
   <guid>https://www.credit-suisse.com/investors/en/reports/2011_results_q2.jsp</guid>
   <pubDate>Thu, 28 Jul 2011 04:28:44 +0000</pubDate>
   <category>Asset Management</category>
   <category>Corporate Info</category>
   <category>Investment Banking</category>
   <category>Private Banking</category>
  </item>
  <item>
   <description>Credit Suisse Group reported underlying pre-tax income of CHF 1.2 billion, underlying net income of CHF 835 million and an underlying return on equity of 10% for 2Q11. Including business realignment costs of CHF 142 million and net fair value gains of CHF 41 million on own debt and stand-alone derivatives relating to own funding liabilities, pre-tax income was CHF 1.1 billion, net income attributable to shareholders was CHF 768 million and core results net revenues were CHF 6.3 billion. The return on equity attributable to shareholders was 9.7% and diluted earnings per share totaled CHF 0.48. The Basel II tier 1 ratio was 18.2% at the end of 2Q11.</description>
   <link>http://www.credit-suisse.com/investors/en/reports/2011_results_q2.jsp</link>
   <title>Credit Suisse Group reports 2Q11 underlying* pre-tax income of CHF 1.2 billion and underlying net income of CHF 835 million; underlying* return on equity 10%</title>
   <guid>http://www.credit-suisse.com/investors/en/reports/2011_results_q2.jsp</guid>
   <pubDate>Thu, 28 Jul 2011 04:28:41 +0000</pubDate>
   <category>Asset Management</category>
   <category>Corporate Info</category>
   <category>Corporate Reporting</category>
   <category>Investment Banking</category>
   <category>Private Banking</category>
   <category>Research, studies, publications</category>
   <category>Swiss Business Banking</category>
  </item>
  <item>
   <description>As previously disclosed, Credit Suisse has been responding to requests for information, including subpoenas, in an investigation by the US Department of Justice (DoJ) and other US authorities. The investigation concerns historical Private Banking services provided on a cross-border basis to US persons.  As part of this process, on July 14, 2011, Credit Suisse received a letter notifying it that it is a target of the DoJ investigation. It has been reported that the US authorities are conducting a broader industry inquiry.  Subject to our Swiss legal obligations, we will continue to cooperate with the US authorities in an effort to resolve these matters.</description>
   <link>https://www.credit-suisse.com/news/en/media_release.jsp?ns=41815</link>
   <title>Update on US Department of Justice investigation</title>
   <guid>https://www.credit-suisse.com/news/en/media_release.jsp?ns=41815</guid>
   <pubDate>Fri, 15 Jul 2011 05:03:49 +0000</pubDate>
   <category>Asset Management</category>
   <category>Corporate Reporting</category>
   <category>Investment Banking</category>
   <category>Private Banking</category>
  </item>
  <item>
   <description>Credit Suisse was named the "Best Wealth Management House 2011" by Euromoney magazine, a leading publication for the global banking and capital markets. In addition, Credit Suisse received 11 regional and country awards, including &#x201C;Best Bank in Switzerland.&#x201D;  The honors are based on the results of Euromoney&#x2019;s Awards For Excellence Survey 2011.</description>
   <link>https://www.credit-suisse.com/news/en/media_release.jsp?ns=41810</link>
   <title>Credit Suisse Named Euromoney Magazine's "Best Wealth Management House 2011" </title>
   <guid>https://www.credit-suisse.com/news/en/media_release.jsp?ns=41810</guid>
   <pubDate>Mon, 11 Jul 2011 15:14:17 +0000</pubDate>
   <category>Awards</category>
   <category>Private Banking</category>
   <category>Swiss Business Banking</category>
  </item>
  <item>
   <description>The strong franc is increasingly causing trouble for Swiss SMEs. Although they remain optimistic and expect another rise in exports for the third quarter of 2011, growth is likely to slow &#x2013; especially as economic prospects abroad have become more subdued. The vast majority of SMEs also face pressure on margins. Those are the most important findings of the SME export outlook indicator produced by Credit Suisse and Osec. </description>
   <link>https://www.credit-suisse.com/news/en/media_release.jsp?ns=41805</link>
   <title>SME Export Indicator for Q3 2011: Strong Franc Slowing the Growth in Exports </title>
   <guid>https://www.credit-suisse.com/news/en/media_release.jsp?ns=41805</guid>
   <pubDate>Tue, 5 Jul 2011 09:00:34 +0000</pubDate>
   <category>Private Banking</category>
   <category>Research, studies, publications</category>
   <category>Swiss Business Banking</category>
  </item>
  <item>
   <description>SVC &#x2013; Ltd. for Risk Capital for SMEs (SVC Ltd.) had a successful first year. Demand for funding from SVC Ltd. since it was founded in May 2010 has been significant and it has invested CHF 20 million to date. Thirteen innovative companies were provided with funding in the form of equity capital or long-term loans with a profit share. This supports their growth strategies and will create over 300 new jobs in Switzerland in the medium term. SVC Ltd. expects its available capital of up to CHF 100 million to be fully invested by the end of 2013. </description>
   <link>https://www.credit-suisse.com/news/en/media_release.jsp?ns=41785</link>
   <title>SVC &#x2013; Ltd. for Risk Capital for SMEs: Successful First Year</title>
   <guid>https://www.credit-suisse.com/news/en/media_release.jsp?ns=41785</guid>
   <pubDate>Mon, 6 Jun 2011 06:15:13 +0000</pubDate>
   <category>Awards</category>
   <category>Private Banking</category>
   <category>Swiss Business Banking</category>
  </item>
  <item>
   <description>Credit Suisse today announced that Edward Jewell-Tait will join the Bank as  Managing Director and Head of Private Banking Australia with effect from July 4, 2011. Mr Tait will be based in Sydney and report to David Livingstone, CEO of Australia, and Marcel Kreis, Head of Private Banking Asia Pacific.</description>
   <link>https://www.credit-suisse.com/news/en/media_release.jsp?ns=41784</link>
   <title>Edward Jewell-Tait to join Credit Suisse as Head of Private Banking Australia</title>
   <guid>https://www.credit-suisse.com/news/en/media_release.jsp?ns=41784</guid>
   <pubDate>Tue, 31 May 2011 13:40:32 +0000</pubDate>
   <category>Private Banking</category>
  </item>
  <item>
   <description>Living costs are not the same everywhere in Switzerland. Swiss households can optimize their budgets by moving to a different location. Substantial savings can be achieved, sometimes by moving only within a short distance. Taxation is only one criterion for assessing whether a municipality is a financially attractive place to live. Freely disposable income, which takes account of all the costs relevant to a particular residential location, is a more comprehensive indicator. Since 2006, the economists at Credit Suisse have calculated the freely disposable income for a variety of exemplary household types in the approximately 2'700 Swiss municipalities. The latest calculation of freely disposable income in Switzerland at municipal level, the so-called RDI indicator, now additionally considers commuting costs. </description>
   <link>https://www.credit-suisse.com/news/en/media_release.jsp?ns=41782</link>
   <title>Living and Commuting: Where's the Least Expensive Place to Live?</title>
   <guid>https://www.credit-suisse.com/news/en/media_release.jsp?ns=41782</guid>
   <pubDate>Tue, 24 May 2011 08:30:25 +0000</pubDate>
   <category>Private Banking</category>
   <category>Research, studies, publications</category>
   <category>Swiss Business Banking</category>
  </item>
  <item>
   <description>In the wake of the improvement the previous month, economic expectations retreated again in May. The relevant Credit Suisse ZEW Indicator fell back by 20.3 points to the -11.5 mark. At the same time, however, the indicator for the assessment of the current economic picture continued to brighten up at already high levels. The corresponding balance edged up by 6.8 points to the 68.6 threshold. Expectations for inflation and interest rates declined again in May. The indicator for inflation expectations dropped by a noticeable 30.8 points. Moreover, just slightly more than half of the financial market experts surveyed still forecast a pick-up in inflation rates on a six-month horizon. The balance of expectations regarding the short-term interest rate environment also decreased considerably, by 19.4 points to the 57.1 mark. The May survey results revealed that 42.9% (+10.5 percentage points) of the respondents predict that the Swiss franc will lose ground against the euro in the coming six months. Participants also anticipate a lower valuation of the Swiss currency versus the US dollar and British pound. </description>
   <link>https://www.credit-suisse.com/news/en/media_release.jsp?ns=41781</link>
   <title>Economic survey by Credit Suisse in cooperation with the Centre for European Economic Research (ZEW)</title>
   <guid>https://www.credit-suisse.com/news/en/media_release.jsp?ns=41781</guid>
   <pubDate>Thu, 19 May 2011 09:00:59 +0000</pubDate>
   <category>Private Banking</category>
   <category>Research, studies, publications</category>
  </item>
  <item>
   <description>Credit Suisse today published its latest semi-annual Global Investor &#x2013; Emotions and Markets, with the primary focus on the importance of behavioral finance in investing. The role of behavioral finance has gained increasing attention over the last decade as people have tried to get a better understanding of investors and their role in the evolution of financial markets. This publication looks at the impact of various aspects such as the media, demography and gender on investor behavior and contains several interesting articles from industry leaders, academics and Credit Suisse research analysts.</description>
   <link>https://www.credit-suisse.com/news/en/media_release.jsp?ns=41776</link>
   <title>Emotions and markets</title>
   <guid>https://www.credit-suisse.com/news/en/media_release.jsp?ns=41776</guid>
   <pubDate>Tue, 10 May 2011 07:00:03 +0000</pubDate>
   <category>Private Banking</category>
   <category>Research, studies, publications</category>
  </item>
  <item>
   <description>Credit Suisse today announced the launch of its Global Asset
Allocation Framework for the Americas region, based on the Bank's global investment
philosophy. Credit Suisse's resources and global reach will now provide Private Banking Americas' clients with a fully supported strategic asset allocation for each of five risk profiles.</description>
   <link>https://www.credit-suisse.com/news/en/media_release.jsp?ns=41774</link>
   <title>Credit Suisse Launches Global Asset Allocation Framework for Clients in the Americas</title>
   <guid>https://www.credit-suisse.com/news/en/media_release.jsp?ns=41774</guid>
   <pubDate>Mon, 9 May 2011 13:57:09 +0000</pubDate>
   <category>Investment Banking</category>
   <category>Private Banking</category>
  </item>
  <item>
   <description>At today&#x2019;s Annual General Meeting of Credit Suisse Group AG in Zurich, shareholders approved all of the proposals put forward by the Board of Directors. In particular, they approved the creation of additional conditional capital for the purpose of contingent convertible bonds. Shareholders also voted in favor of a renewal of authorized capital at the current level. Furthermore, shareholders approved the distribution of CHF 1.30 per registered share against reserves from capital contributions. They also approved the 2010 Compensation Report. Three members of the Board of Directors were re-elected: Peter Brabeck-Letmathe, Jean Lanier and Anton van Rossum. Hans-Ulrich Doerig stepped down as Chairman and a member of the Board of Directors as of today and is succeeded by Urs Rohner.</description>
   <link>https://www.credit-suisse.com/news/en/media_release.jsp?ns=41764</link>
   <title>Annual General Meeting of Credit Suisse Group AG: All proposals put forward by the Board of Directors approved</title>
   <guid>https://www.credit-suisse.com/news/en/media_release.jsp?ns=41764</guid>
   <pubDate>Fri, 29 Apr 2011 14:45:01 +0000</pubDate>
   <category>Asset Management</category>
   <category>Corporate Info</category>
   <category>Corporate Reporting</category>
   <category>General Insurance (Winterthur)</category>
   <category>Investment Banking</category>
   <category>Private Banking</category>
   <category>Swiss Business Banking</category>
  </item>
  <item>
   <description> </description>
   <link>https://www.credit-suisse.com/news/doc/agm2011/agm_2011_speech_hud_en.pdf</link>
   <title>Annual General Meeting of Credit Suisse Group (PDF)</title>
   <guid>https://www.credit-suisse.com/news/doc/agm2011/agm_2011_speech_hud_en.pdf</guid>
   <pubDate>Fri, 29 Apr 2011 08:31:25 +0000</pubDate>
   <category>Asset Management</category>
   <category>Corporate Info</category>
   <category>Investment Banking</category>
   <category>Private Banking</category>
   <category>Swiss Business Banking</category>
  </item>
  <item>
   <description> </description>
   <link>https://www.credit-suisse.com/news/doc/agm2011/agm_2011_speech_bd_en.pdf</link>
   <title>Annual General Meeting of Credit Suisse Group (PDF)</title>
   <guid>https://www.credit-suisse.com/news/doc/agm2011/agm_2011_speech_bd_en.pdf</guid>
   <pubDate>Fri, 29 Apr 2011 08:30:17 +0000</pubDate>
   <category>Asset Management</category>
   <category>Corporate Info</category>
   <category>Investment Banking</category>
   <category>Private Banking</category>
   <category>Swiss Business Banking</category>
  </item>
  <item>
   <description>Credit Suisse reported underlying core results as follows: pre-tax income of 2.2 billion, net income of CHF 1.6 billion on net revenue of CHF 8.4 billion and return on equity of 18.8%. This excludes fair value losses of CHF 617 million (CHF 467 million after tax) on own debt and stand-alone derivatives relating to own funding liabilities. Net income attributable to shareholders was CHF 1.1 billion in 1Q11 on net revenues of CHF 8.2 billion and a return on equity attributable to shareholders of 13.4%. Diluted earnings per share were CHF 0.90 and the tier 1 ratio was 18.2% as of the end of 1Q11. The weakening of the average rate of the US dollar and euro against the Swiss franc adversely affected results in 1Q11 compared to the previous year period.</description>
   <link>http://www.credit-suisse.com/investors/en/reports/2011_results_q1.jsp</link>
   <title>Credit Suisse Group reports underlying* pre-tax profit of CHF 2.2 billion and underlying net income of CHF 1.6 billion; underlying return on equity 18.8%</title>
   <guid>http://www.credit-suisse.com/investors/en/reports/2011_results_q1.jsp</guid>
   <pubDate>Wed, 27 Apr 2011 04:44:00 +0000</pubDate>
   <category>Asset Management</category>
   <category>Corporate Info</category>
   <category>Corporate Reporting</category>
   <category>Investment Banking</category>
   <category>Private Banking</category>
   <category>Research, studies, publications</category>
   <category>Swiss Business Banking</category>
  </item>
  <item>
   <description>Credit Suisse reported underlying core results as follows: pre-tax income of 2.2 billion, net income of CHF 1.6 billion on net revenue of CHF 8.4 billion and return on equity of 18.8%. This excludes fair value losses of CHF 617 million (CHF 467 million after tax) on own debt and stand-alone derivatives relating to own funding liabilities. Net income attributable to shareholders was CHF 1.1 billion in 1Q11 on net revenues of CHF 8.2 billion and a return on equity attributable to shareholders of 13.4%. Diluted earnings per share were CHF 0.90 and the tier 1 ratio was 18.2% as of the end of 1Q11. The weakening of the average rate of the US dollar and euro against the Swiss franc adversely affected results in 1Q11 compared to the previous year period.</description>
   <link>https://www.credit-suisse.com/investors/en/reports/2011_results_q1.jsp</link>
   <title>Credit Suisse Group reports underlying* pre-tax profit of CHF 2.2 billion and underlying net income of CHF 1.6 billion; underlying return on equity 18.8%</title>
   <guid>https://www.credit-suisse.com/investors/en/reports/2011_results_q1.jsp</guid>
   <pubDate>Wed, 27 Apr 2011 04:43:31 +0000</pubDate>
   <category>Asset Management</category>
   <category>Corporate Info</category>
   <category>Investment Banking</category>
   <category>Private Banking</category>
  </item>
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