This marks the beginning of a new Credit Suisse. The journey ahead will be guided by three strategic priorities:

  • Restructuring of the Investment Bank
  • Strengthening and reallocating capital
  • Accelerating the cost transformation

More information around our new strategy will be added soon.

Strategy: Delivery timeline

New Credit Suisse

Focused on connected, leading franchises. 

  • Wealth Management: Top 2 global wealth manager outside the US*
  • Swiss Bank: Leading universal bank in Switzerland
  • Asset Management: Differentiated and aligned capabilities in Asset Management and Markets

 

* Market share based on markets (client domiciles, onshore / offshore) and client segments Credit Suisse is active in; based on on McKinsey Wealth Pools, 2021

CS First Boston

The Investment Bank’s capital markets and advisory activities will – following a transition period – lead to the creation of CS First Boston, a firm with a partnership culture that we believe will be competitive and attractive to anchor investors, employees and entrepreneurial clients. Drawing on its rich heritage across advisory and capital markets, CS First Boston is expected to be more global and broader than boutiques, but more focused than bulge bracket players. The future CS First Boston envisions attracting third-party capital, as well as a preferred longterm partnership with the new Credit Suisse.