Our Company Our Businesses

Our Businesses

We serve our clients through three regionally focused divisions: Swiss Universal Bank, International Wealth Management and Asia Pacific. These regional businesses are supported by two divisions specialized in investment banking capabilities: Global Markets and Investment Banking & Capital Markets.

Within the Swiss Universal Bank, we offer comprehensive advice and a broad range of financial solutions to private, corporate and institutional clients primarily domiciled in Switzerland. The division comprises the Private Banking and Corporate & Institutional Banking businesses.

Key Figures (as of end-2015)

14200

employees (Full-time equivalents)

1570

Relationship Managers

14

billion net new assets in CHF

Our Private Banking business has a leading client franchise in Switzerland, serving over 1.6 million clients, including UHNWI, high-net-worth individuals (HNWI), affluent and retail clients. Our service offering is based on our structured advisory process, distinct client segment specific value propositions and coverage models as well as access to a broad range of comprehensive products and services. We also have a specialized consumer finance business branded BANK-now. In addition, we offer best-in-class service, platform and technology support to external asset managers in Switzerland. Our Swiss network includes 1,570 relationship managers in 184 branches, including 33 branches of the bank’s affiliate, Neue Aargauer Bank.

Our Corporate & Institutional Banking business offers expert advice and high-quality services to a wide range of clients, serving the needs of over 100,000 corporations and institutions, including large corporate clients, small and medium-size enterprises, institutional clients, financial institutions and commodity traders. This business also includes our Swiss investment banking business serving corporate clients and financial institutions on financing transactions in the debt and equity capital markets and advising on M&A transactions. Our business includes 490 relationship managers who serve our clients out of 48 locations.

Adjusted results are non-GAAP financial measures.

In International Wealth Management, we cater to the needs of our private, corporate and institutional clients with expert advice and a broad range of financial solutions.

Key Figures (as of end-2015)

9100

employees (Full-time equivalents)

290

billion assets under management in Private Banking in CHF

321

billion assets under management in Asset Management in CHF

Our Private Banking business provides comprehensive advisory services and tailored investment and lending products to wealthy private clients and external asset managers in Europe, the Middle East, Africa and Latin America. We serve our clients through over 1,200 relationship managers in 46 locations, leveraging the full spectrum of Credit Suisse’s global resources and capabilities as well as a wide range of proprietary and third-party products and services.

Our Asset Management business offers investment solutions and services globally to various types of clients, including pension funds, governments, foundations and endowments, corporations and individuals. Our capabilities span a diversified range of asset classes with a focus on traditional and alternative asset strategies.

Adjusted results are non-GAAP financial measures.

Within the Asia Pacific division we offer a wide range of financial products and services, focusing on our UHNWI, HNWI, entrepreneur, corporate and institutional clients. We deliver integrated client coverage to provide connectivity and access to broader financial markets, differentiated product offerings, and tailored financing solutions.

Key Figures (as of end-2015)

6700

employees (Full-time equivalents)

590

Relationship Managers

18

billion net new assets in CHF

Our Private Banking business combines its global reach with a structured advisory process, offering a broad range of comprehensive and bespoke solutions and services, including digital private banking access, that are tailored to our clients’ complex needs. We serve our clients through 590 relationship managers in 13 locations across 7 countries.

Our Investment Banking business supports our key clients by advising on all aspects of M&A transactions, corporate sales and restructurings, divestitures and takeover defense strategies and provides equity and debt underwriting capabilities for entrepreneur, corporate and institutional clients. In addition, our Investment Banking business includes equity and fixed income sales and trading services, and provides access to a range of debt and equity securities, derivative products, and financing opportunities across the capital spectrum for corporate, sovereign and institutional clients.

Adjusted results are non-GAAP financial measures.

Global Markets brings together our equity sales and trading and fixed income sales and trading businesses into one division to create a fully integrated franchise for our clients. Global Markets provides a broad range of financial products and services to client driven businesses and also supports the Group’s private banking businesses and their clients, most notably UHNWI. Our suite of equity and fixed income products and services includes global securities sales, trading and execution, prime brokerage and comprehensive investment research. Our clients include financial institutions, corporations, governments, institutional investors, such as pension funds and hedge funds, and private individuals around the world. We deliver our global markets capabilities through regional and local teams based in both major developed and emerging market centers. Our integrated business model enables us to gain a deeper understanding of our clients and deliver creative, high value, customized solutions based on expertise from across Credit Suisse.

Key Figures (as of end-2015)

13000

employees (Full-time equivalents)

74

billion risk-weighted assets in CHF

313

billion leverage exposure in CHF

The Investment Banking & Capital Markets division offers a broad range of investment banking products and services which include advisory services related to M&A, divestitures, takeover defense, restructurings and spin-offs, as well as debt and equity underwriting of public offerings and private placements. We also offer derivative transactions related to these activities. Our clients include leading corporations, financial institutions, financial sponsors, UHNWI and sovereign clients. 

We deliver our investment banking capabilities through regional and local teams based in both major developed and emerging market centers. Our integrated business model enables us to deliver high value, customized solutions that leverage the expertise offered across Credit Suisse and that help our clients unlock capital and value in order to achieve their strategic goals.

Key Figures (as of end-2015)

2800

employees (Full-time equivalents)

18

billion risk-weighted assets in CHF

43

billion leverage exposure in CHF

Corporate Functions

Our operating businesses are supported by focused corporate functions, including the newly established positions of Chief Operating Officer and of Chief Compliance and Regulatory Affairs Officer. Corporate functions provide centralized corporate services and business support, as well as effective and independent control procedures in the following areas:

Finance 

The Chief Financial Officer manages the Group’s capital, funding, liquidity and expenses to ensure we are well capitalized and have a strong balance sheet.

Operations, Technology & Services 

The newly established position of Chief Operating Officer focuses on driving the transformation of Credit Suisse and oversees, among other things, global operations, information technology and our centers of excellence.

Risk 

The Chief Risk Officer governs the Group’s risk management framework and provides independent risk oversight.

Compliance & Regulatory Affairs 

The Chief Compliance & Regulatory Affairs Officer function focuses on monitoring bank activities and coordinating regulator interactions.

General Counsel 

Our General Counsel provides legal, policy and regulatory advice in the context of potential or actual legal matters and investigations. It drives strategic legal risk management and manages our relationship with policymakers and political stakeholders.

Human Resources, Communications and Branding 

The Head of Human Resources, Communications and Branding is responsible for attracting, retaining and developing our employees, driving our global communications strategy and developing and strengthening the Credit Suisse brand.

Centers of Excellence

Our Centers of Excellence support our operations and are essential in the implementation of our strategy. Wroclaw in Poland, Mumbai and Pune in India and Raleigh-Durham in the US are home to our CoEs. At year-end 2015, they accounted for more than 17% of our global workforce.